GBPJPY Weekly Chart Analysis
GBPJPY pushed below support and closed below previous weekly lows
GBPJPY Daily Chart 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
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