GBPJPY Sustained moves towards highs

٢٧ نوفمبر ٢٠١٦

GBPJPY is benefiting a lot from JPY yield curve approach of BOJ and the resulting depreciation of Yen. On other hand, GBP is only pair in G10 which has so far maintained its momentum against other G10 pairs. This fundamental supports that GBPJPY can easily approach its TP1 and TP2 in Dec. Its a 200+ pips chance to grab for your Dec vacations.