GBPJPY - Weekly update

Britain is in a right old mess, with Boris still in Hospital. They have yet to realise the full damage of Brexit. People still out in cities and parks, like Coronavirus, won't effect anyone who is British.

Yen is a safe haven for investors if the Dollar is to weaken in the coming weeks - DXY dropping below the daily trendline, Covid-19 in the states seems to be growing faster than any other nation. Then we could see strength in both the Yen and Pound, however, the weight of the Yen might trump the pound.



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