August 5th Today's USD/JPY & GBP/JPY Analysis
High Market Yen depreciation,
currently unable to fully recover, stuck in a range without making a move upward and downward.
Both Japan and the United States are trying to curb yen depreciation, but
if the decision is made without securing sources of revenue for a 1% consumption tax on groceries...
Since Ms. Takai became the Liberal Democratic Party president, the yen has not stopped weakening,
I wonder if the fastest way for the yen to strengthen would be for Ms. Takai to resign?
Well then, today as well I will analyze the USD/JPY and GBP/JPY with KeikanaLine.
Have a great day!
*This article is introductory analysis to demonstrate the effectiveness of Keikana Line.
*Those who have learned Keikana Line can compare their own values and trends with the learned results.
*Note: This is introductory analysis information and does not constitute trading recommendations.