Comments on: GBP/JPY trade update https://fxww.com/gbpjpy-trade-update-2/ The Professional Source Mon, 17 Feb 2014 07:02:54 +0000 hourly 1 By: Sean Lee https://fxww.com/gbpjpy-trade-update-2/#comment-36343 Mon, 17 Feb 2014 07:02:54 +0000 http://381c099c8f.nxcli.net/?p=11838#comment-36343 Hey Rahul, the big indicator for me is metals, I think those mkts are telling us something. Commodity ccys like CAD, AUD and CHF are likely to strengthen and if CHF goes up then JPY will most likely follow imho, even if it lags a bit.

]]>
By: rahul https://fxww.com/gbpjpy-trade-update-2/#comment-36338 Mon, 17 Feb 2014 04:22:02 +0000 http://381c099c8f.nxcli.net/?p=11838#comment-36338 your pound call was excellent sean. congrats. although id be a little cautious shorting the usdcad at this level.
how do you see this divergence between the S&P and yen pairs unfolding over the coming days? one of them has to play catch up right? or will it be a more permanent divergence?..sell in asia and buy in us…
most yen pairs have shown individual characteristics over the past few weeks suggesting that yen weakness has not been present. do u think we could see another leg up in all yen pairs? that would be quite a trade then for ur gbpjpy long wudnit?:D

]]>