Thursday, December 25, 2008
Risk aversion paired with narrowing demands for carry trades
pushed the GBPJPY to its lowest level in over a decade, and the
downward trend is likely to hold as we head into the New Year as investors continue to curb their appetite for risk. Currency Pair: GBP/JPY Chart: 60 Min Charts Short-Term Bias: Bearish Analysis Risk aversion paired with narrowing demands for carry trades pushed the GBPJPY... [read more]
posted by fxgencurrencies,
in Forex Technical, GBP JPY
@ 12:20 AM,
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