| Join Andreas Themistokleous, Trading Specialist at Exness, as he explores a compelling trading idea for the coming days involving the GBPJPY pair. Discover the narratives behind this potential setup and the economic data that could significantly impact the pair's movement. In this insightful video, Andreas explores the possibility of a pullback to the 182 area before a continuation of a bearish rally around 178. Key factors influencing this scenario include the diverging 10-year bond yields between the two countries, indicating a surge of capital favouring the Yen. Additionally, he analyzes the upcoming economic data releases later in the week, such as the Japanese balance of trade and inflation rate, which could drive volatility around their publication times. |
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