GBPJPY: Very Risky Sell Setup
On the other hand, the elders of the BOJ are only warming their seats since they have not made any decision in the last three years on monetary policies.
The only decision was that of the interest rate after almost a decade, but even that was accompanied by dovish tones that did not support the currency.
The stance of the BOJ against monetary policy, exchange rates, and the destruction of their people's savings remains unclear.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
On the other hand, the elders of the BOJ are only warming their seats since they have not made any decision in the last three years on monetary policies.
The only decision was that of the interest rate after almost a decade, but even that was accompanied by dovish tones that did not support the currency.
The stance of the BOJ against monetary policy, exchange rates, and the destruction of their people's savings remains unclear.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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