top of page
tradermiki

GBPJPY Week Ahead Analysis 18th September - 22nd September


GBPJPY weekly analysis

GBPJPY Weekly Chart Analysis

GBPJPY pushed below support and closed below previous weekly lows








GBPJPY Daily Chart Analysis


GBPJPY daily analysis


The Daily time frame continued the minor downtrend structure throughout the week closing with a weak support formed on Friday


  • GBP CPI on Wednesday

  • GBP Interest Rates on Thursday

  • JPY Interest Rates, GBP Retail Sales + GBP Flash Manufacturing/Services PMI on Friday


Quite a bit of high impact news for GJ this week. GBP CPI on Wednesday is expected to have increased by 0.3% prompting the BOE to increase rates again by another 0.25% on Thursday. Along with the BOJ keeping their rates negative I'm anticipating that GJ will have a bullish run at towards the end of the week


Check out News This Week 18th September for scenarios


Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating
bottom of page