GBP/JPY failed to break through 214.83 decisively last week and retreated back into established range. Current development suggests that price actions from 214.83 are merely a near term consolidation pattern. In case of another fall, downside should be contained by 38.2% retracement of 197.47 to 214.83 at 208.19 to bring rebound. Meanwhile, firm break of […]
The post GBP/JPY Weekly Outlook appeared first on ActionForex.
Recession is not our base case, but we believe the risk distribution has shifted decisively to the downside, as oil briefly broke above $110/barrel and remains volatile. The U.S. economy does not enter the current Read more…
RBA Deputy Governor Andrew Hauser signaled that policymakers face a difficult decision at next week’s board meeting, warning that the recent surge in oil prices is adding new uncertainty to the inflation outlook. Speaking in Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Precious gems are something that you Read more…