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The beginning of the month Jula went very hard, traders are indecisive to consider the option, whether we need to sell or buy USD.
I think that the GBP should continue to move forward, the EUR should also go up strong.
I think there is almost a turnaround against JPY.
GBP / JPY would have gone up to 147.90, at this price we have a strong long-term resistance, which is a major obstacle to a possible penetration above this price.
We need to see what the USD Average Hourly Earnings will receive on Friday, if it is higher than the predecessor or the same as the estimate, then we can expect to strengthen the JPY in the next working week.
I think that the GBP should continue to move forward, the EUR should also go up strong.
I think there is almost a turnaround against JPY.
GBP / JPY would have gone up to 147.90, at this price we have a strong long-term resistance, which is a major obstacle to a possible penetration above this price.
We need to see what the USD Average Hourly Earnings will receive on Friday, if it is higher than the predecessor or the same as the estimate, then we can expect to strengthen the JPY in the next working week.
