GBP/USD and USD/JPY are two key trades to keep an eye on in the forex market. The GBP/USD pair is currently facing uncertainty due to Brexit negotiations and the upcoming UK general election. Traders should closely monitor any developments in these events as they could have a significant impact on the currency pair.
On the other hand, the USD/JPY pair is influenced by factors such as US-China trade tensions and the Federal Reserve’s monetary policy decisions. Any updates on these issues could lead to volatility in the USD/JPY pair.
Both currency pairs are important to watch as they represent major economies and can provide valuable insights into the overall market sentiment. Traders should stay informed about the latest news and events that could potentially affect these trades.