The GBP/JPY pair broke higher during the course of the week, clearing the 158 handle. However, this is a market that has a lot of noise in this area, and
The GBP/JPY pair broke higher during the course of the week, clearing the 158 handle. However, this is a market that has a lot of noise in this area, and therefore it’s going to be very difficult to trade from the longer-term perspective. With that being the case, the market should be one that we will have to pay attention to, but not necessarily trade from the longer-term perspective. With that being said, we will keep you informed as to what we see at FX Empire, and when we get a trade signal for the longer-term charts.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
