www.varchev.com

GBP / JPY: uptrend, correction and suitable levels for buy

GBP / JPY uptrend. Value at the bottom of the channel after the correction. Signal buoy, after break of 186.00. Target diagonal resistance.

Sentiment remains negative for the yen as the monetary policy of the Bank of Japan will remain supportive in order to stimulate the economy and a weaker yen. We expect the BoE to raise rates in early 2015, which means a strong GBP


 Varchev Traders


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance