By fmiren | Real World Assets | 2 Aug 2023
About 40 days ago I wrote a piece:
https://www.publish0x.com/real-world-assets/some-trade-ideas-for-fx-market-xozvvmj
I wrote that there is a room to go up for GBPNZD and CHFJPY pairs. Since then, GBPNZD rose 200 pips while CHFJPY surged 500 pips! Now the latter is trading at its historical high. Now we can expect some correction in these pairs given their recent uptrend.
I am still looking at my favourite pair GBPJPY, the beloved pair of carry traders, which looks strong:
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