GBPJPY

Sterling Surges As Resilience Of UK Economy Continues To Surprise (GBPJPY)
Brexit

The pound took a pounding in the lead up to and aftermath of the June 23 EU referendum. But in recent weeks, it has staged a remarkable recovery, even though the Bank of England has decided to cut interest rates to near zero and restarted QE.

USDJPY – find better trades in the Yen cross pairs
Currencies

The USDJPY continues to deliver a masterclass in patience for longer term traders, with the long term consolidation phase continuing once again last week, as the pair closed with a narrow spread down candle on the weekly chart, ending the futures trading session at 101.30.