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GBPJPY Plunges Below 138.90 on Flight to Safety

Just yesterday we were discussing the potential for the British pound to continue to advance against the greenback. And given yesterday’s close, that still seems likely so long as 1.2410 holds up as new support. But the pair’s counterpart, the Gbpjpy, hasn’t fared nearly as well over the past 24 hours. Yesterday’s plunge in equities […]

The post Gbpjpy Plunges Below 138.90 on Flight to Safety appeared first on Daily Price Action.



This post first appeared on Daily Setup Archives | Daily Price Action, please read the originial post: here

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GBPJPY Plunges Below 138.90 on Flight to Safety

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