GBPJPY: Both Moves Are Possible But It Has Higher Odds To Rise

3月16日

GBPJPY: Both Moves Are Possible But It Has Higher Odds To Rise

19 March - Bank of Japan (BOJ) Rate Decision The BOJ is expected to maintain its interest rate at 0.5%, with no hike anticipated. While the rate decision itself seems predictable, the real market mover will likely be the press conference. If the BOJ avoids providing clear guidance on its monetary policy and leaves room for interpretation, the Japanese yen (JPY) may weaken further.

20 March - Bank of England (BOE) Rate Decision The BOE is also expected to hold its interest rate steady at 4.5%, with no cuts or hikes on the horizon. This aligns with market expectations.

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3月17日

交易進行

3月18日

交易結束：目標達成

GBPJPY: after the bullish breakout GBPJPY reached the first target and it has potential to rise more.