The Foggy Albion VS The Land Of The Rising Sun

There are so many assets on the market that attract traders' attention, and calling them in the far far away lands over the seas and oceans to very exotic places. At this time we will check out the pair that is like Siamese twins: so similar, and so different in every respect except the trend that was affected by a correction, but now is ready to recover. As you may have already understood, we talk about GBP/JPY.

It is fascinating that both of these countries are islands and both have a great ancient culture and their own point of view to the world's events and finances. At the same time, both of them are technologically and financially developed and stable. So, let's take our financial umbrella and start our right-hand driving island experience full of adventures and financial profits.

Picture 1. A chart of the GBP/JPY price for the period of 09.03.2019 - 09.04.2019.

As we can see in picture 1, the British pound price counted in Yens is affected by a correction that in perspective will point to further significant growth unless there will be reassessments and structural shifts.

Picture 2. A chart of the GBP/JPY and the index of "big traders" for the period of 09.03.2019 - 09.04.2019.

As we can see in picture 2, current situation looks growing because the index at this moment stepped back from the peak and now moves towards a correction of the current supply and demand to a balance point. You can see how the positions of big traders affect the asset price. So, the same changes in ups and downs of the positions reflected in the movements of different length as it can be seen on the time period of 10.03.2019 - 21.03.2019.

So, we recommend you to invest "upper" this week.