GBPJPY Long Set Up- Hold for a Few Years

Weakening JPY currency as Japan heads into an interesting period of retest. BOJ hasn't intervened with the weakening YEN. So could see the YEN weaken even more. But it could also be a long-term strategy for Japan as the world heads into the new age of AI, Machine Learning for them to grow another foundation for that new age of Tech as well.


Rrrrr.....We'll check back in 1 Year and see how nay the wind blows !.

Kommentar:

BOJ Intervened briefly and now price seems to be consolidating. If we break this channel up then GJ will move to the 170s area.

Currently in the 160 range.