GBPJPY SHORTS IDEA 04/2/2022
BOE was out with a 25bps rate hike leaving a hawkish tone, worries for inflation are still paramount. UK bond yield is in an overall uptrend but negative on the day, Uk equities are also in an overall uptrend but ranging currently, market sentiment is somewhat risk-off. bias for the day is sells. waiting for a retracement to 155.200 range stops above 155.350 and tp at 155.400
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.