March 24, 2019, 08:24: Pound-yen and pound-dollar trading strategy [From Mr. Teppei Emori's newsletter]
From the investment e-newsletter “The Real Trading Strategy by Satoshi Emori” provided by GogoJungle, here is a small excerpt from yesterday's issue. This time, please take a look at the trading strategies for GBPJPY and GBPUSD.
GBPJPY remains short. Long-term trend is 143.95 yen.
GBPUSD remains short. Long-term trend is 1.3095 dollars.
“The Real Trading Strategy by Satoshi Emori” (Satoshi Emori)Quoted from.
There seems to be a further push to sell dollars and buy yen as the Fed signaled it would skip rate hikes this year and as the downward trend in U.S. long-term interest rates continues. GBPUSD also rebounded sharply to recover into the 1.32 range, but given there is no parliamentary approval in the UK regarding Brexit, caution is needed. (Editorial Department)