GBP/JPY To Continue Fall?

2024年11月15日

Short side bias is coming into Yens after todays USD weakness (slight risk off) and flows into JPY accordingly.

Slight talk of intervention has also helped stall the weakening of the Yen. Any further weakness, perhaps on any more risk on sentiment bias and we may see further moves by the Japanese Govt.

Would not add anything significantly long at all. Only shorts on pushes back towards highs (as noted).

2024年11月17日

註釋

Awaiting BOJ Ueda comments for Market direction.