Trade GBP/JPY with Fondex
Thinking of trading GBP/JPY?
- 1. The GBP/JPY is thought of as a gauge for global economic health, as it reflects issues affecting both Western Europe's monetary policies and those in the Asia-Pacific region. Both the GBP and the JPY are part of the elite basket of 7 denominations that consolidate the International Monetary Fund's (IMF) in-house money formed in 1944. The UK and Japan are both members of the Group of Seven leading economies. 2. Apart from this pair not being related to the US, they are very different between each other, they are almost completely out of sync regarding monetary policy and that should help the traders make educated guesses to where this pair moves.
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