GBP/JPY Weekly Analysis (Wk Strt Nov/03/08)

Posted on

Hey Guys,

Looks like the market calmed down a little last week so here is the weekly analysis again.

Keep in mind that Japan wants the JPY to devalue as a high Yen is bad for exports. Last week we saw some Japanese central bank intervention and I wouldn’t be surprised to see the same this week. So we could be seeing some more bullish moves on G/Y in the coming days.

Watch the video below to see this weeks analysis:

Sorry, this video no longer exists, check out my latest analysis here.