KarYong

GBPJPY: Trading the UK Referendum

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FX:GBPJPY   英鎊 / 日圓
In view of the UK Referendum this coming Thursday (23rd June), if the UK were to leave the Euro zone, the focus will be on GBPJPY.

We expect GBPJPY to head further south breaking the Demand Zone with the weakness from GBP and strength on JPY (as part of the safe haven story).

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