FX_Shepherd

GBPJPY - Brexit still on our minds while the YEN is love child

Short
OANDA:GBPJPY   British Pound / Japanese Yen
The POUND across the board is depressed and you see that no more than this with the dragon. You see moments of price action going against current sentiment but no matching price volume. You see moments of volume but no associated price action. I will continue to short big picture and take other opportunity as they come.

The YEN futures look like a rocket ship that has taken off from Cape Canaveral. Yesterday we saw a heavy depletion in cash from traditional sources as people (the BIG boys and gals) put their money in SAFE HAVEN assets.

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