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Sterling Increasingly Pressured Towards New Long-Term Lows

Discussion in 'Technical Analysis' started by Kaitlin, Aug 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Even more so than GBP/USD and EUR/GBP, however, the currency pair that has arguably been affected most severely in the post-Brexit environment has been GBP/JPY. From the exceptionally sharp Brexit-driven dive in late-June to the current slide since late-July, GBP/JPY has mostly shown a singular bearish bias that has been[​IMG]

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