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GBP/JPY Forecast: Tests Key Level
The British pound has rallied a bit against the Japanese yen during the trading session on Friday as we continue to threaten the 195 yen level, an area that's been important a couple of times in the past. So, I think ultimately, we need to see whether or not this pair can actually stick above the 195 yen level to get overly bullish in the short term. It looks like every time we dip a bit, buyers are willing to step in and pick up a little bit of value as it appears. video But really at this point in time, I think it is a little bit difficult to get overly aggressive at least until we clear this hurdle. That being ... (full story)