British Pound, Australian Greenback Outlook In opposition to Yen: Dealer Bets

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British Pound, Australian Greenback Outlook In opposition to Yen: Dealer Bets

Japanese Yen, GBP/JPY, AUD/JPY, IG Shopper Sentiment Outlook - Speaking FactorsJapanese Yen has been fall


Japanese Yen, GBP/JPY, AUD/JPY, IG Shopper Sentiment Outlook – Speaking Factors

  • Japanese Yen has been falling on US-China commerce deal, UK basic election
  • IG Shopper Sentiment alerts a bullish outlook in GBP/JPY, bearish AUD/JPY
  • The previous is testing key help because the latter stays inside a chart sample

On this week’s session, I targeted on the Japanese Yen outlook towards the US Dollar, Australian Dollar and British Pound. Basic developments such because the US-China “part one” commerce settlement and final week’s UK basic election have fueled weak spot within the anti-risk JPY. Over the previous 24 hours, there was a bounce. Along with the technicals, what do dealer positioning bets must say in regards to the Yen’s trajectory?

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Jan 08

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