GbpJpy Long-term - Short 2300 pip!
We expect an increase in the JPY as the Bank of Japan starts its interest rate hike process and signals that it will continue.
All developed country central banks have entered into interest rate cut processes. The only exception is Japan. We expect this process to initiate a significant recovery in the JPY, which has lost 50% of its value over the past two years.
All developed country central banks have entered into interest rate cut processes. The only exception is Japan. We expect this process to initiate a significant recovery in the JPY, which has lost 50% of its value over the past two years.
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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.