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Oct 08 - 06:12 AM
GBP/JPY - Nears Huge Level, Brexit And Trade War Say It Breaks
First appeared on eFXplus on Oct 08 - 03:50 AM
  • UK source: Unless EU compromises, then there will be a no-deal Brexit

  • U.S. widens blacklist to include China's top startups ahead of trade talks

  • GBP/JPY drops to 131.62 (-0.11%) closing on 55-DMA and Kinsen 131.30/17

  • Yesterday's low was 131.14. Break should open significant downside potential

  • GBP/JPY dropped 12.6% in 70 days after similar tech break in May

  • 2019 low is only around 5% below current levels
















GBPJPY Click here

Source:
Refinitiv IFR Research/Market Commentary

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