Pound/Yen likely to rebound
Let's take a look at the British Pound- Japanese Yen.
As we can see we have initially tried to rally on Tuesday but fell rather hard towards 150/149.80 level.
if we break 149, we are going to fall apart, that being said, we will have to see how its gonna be behaving because a lot of this seems to focus on the Omicron or whatever it is.
Which is just a latest narrative for people to panic.
I'd not be surprised to see this stabilizes in this General vicinity.
good luck! Carpe diem!
As we can see we have initially tried to rally on Tuesday but fell rather hard towards 150/149.80 level.
if we break 149, we are going to fall apart, that being said, we will have to see how its gonna be behaving because a lot of this seems to focus on the Omicron or whatever it is.
Which is just a latest narrative for people to panic.
I'd not be surprised to see this stabilizes in this General vicinity.
good luck! Carpe diem!
Half position closed