GBP/JPY Weekly Analysis (Wk Strt Nov/03/08)
Hey Guys,
Looks like the market calmed down a little last week so here is the weekly analysis again.
Keep in mind that Japan wants the JPY to devalue as a high Yen is bad for exports. Last week we saw some Japanese central bank intervention and I wouldn't be surprised to see the same this week. So we could be seeing some more bullish moves on G/Y in the coming days.
Watch the video below to see this weeks analysis:
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