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GBPJPY: Trading the UK Referendum
British Pound / Japanese Yen
Short
GBPJPY: Trading the UK Referendum
By KarYong
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Jun 19, 2016
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Jun 19, 2016
In view of the UK Referendum this coming Thursday (23rd June), if the UK were to leave the Euro zone, the focus will be on GBPJPY.
We expect GBPJPY to head further south breaking the Demand Zone with the weakness from GBP and strength on JPY (as part of the safe haven story).
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