GBPJPY WEEKLY UPDATE

98
So as we can the the market slowing is making lower lows and lower highs so far.

It's is a slower trend as the stock market after crash went up again so for this week we can see some of those movements happen.

Also this week there are still Brexit talks to finish today and maybe Friday if they do not cut it short tonight once more.

So to me the market is showing me that is holding around 134 135 so far to see if anything positive comes out of the Brexit talks.

But it is quite clear that UK is quite determined to cut off talks and leave with no deal as the EU are imposing contradictory regulations.

It can be slow until the end of the week but when Brexit talks finish we shall expect market to come down potentially much faster.

This is only for education purposes and my view on the market,

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.