Depends on the timeframe...
Long term Fundamentals....
Unemployment in the UK has been falling since 2012 and the economy is growing, which is GBP +ve.
Japan will continue their QE which is JPY -ve.
Long term Technicals...
As long as the trendline remains intact (see chart) and the price remains above 163.860 my view is long.
Long term Fundamentals....
Unemployment in the UK has been falling since 2012 and the economy is growing, which is GBP +ve.
Japan will continue their QE which is JPY -ve.
Long term Technicals...
As long as the trendline remains intact (see chart) and the price remains above 163.860 my view is long.