GBP/JPY Around 216.482: Momentum Holds
Research preview
GBPJPY News And Catalyst Brief The linked stories point to a market that is reacting mainly to around growth data and geopolitical risk. GBPJPY has a balanced headline read, with growth releases setting the volatility backdrop. Final bias: neutral until price accepts a level outside the current pivot range. For the trade plan, the news gives direction of risk while the chart decides whether that risk is tradable. JAPAN'S GROWTH MINISTER KIUCHI SAYS HE AIMS TO APPROPRIATELY CONTROL TOTAL BOND ISSUANCE, ADDING THAT HE CANNOT YET PROVIDE DETAILS OF NEXT FISCAL YEAR'S BUDGET AND DECLINES TO COMMENT ON FOREIGN OFFICIALS' REMARKS … JAPAN’S 5-YEAR JGB YIELD REACHES A RECORD HIGH...
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