DislikedThere is a correlation with DOW with all JPY crosses, if next week the stock market still falling, you'll see GBP/JPY falling as well. Also next week GB has the interes rate news, If they lower the interes rate probably will be a heavy drop for GB. Let's see.Ignored
true dat but as karmo and others have taught me you never know to what extent a rate cut has already been priced into the market already... especaially when everyone already knows what boe is going to do since they voted on it 9-0 last time the met and relaesed this info...which if i recall is what started the geppy falling hard in the first place.... but no doubt when the cut actaully happens it will spike down..... and then there is the bernakkke liquidity factor whcih is just a big ole monkey wrench....man the more i think about it the more i want to go trade the aud/chf or cad/jpy or something else This is too much to keep track of and consider with both the pound and the dollar in a mess!