GBPJPY Breakdown (21 April 2020)

Title : GBPJPY Breakdown (April 21, 2020)

Broker : Tickmill

Description : GBPJPY Daily Outlook – U.S. oil futures plunged below zero for the first time on Monday as concerns that U.S. crude storage will soon be full. Also on Monday, China cut its benchmark lending rate as expected, we found out that Canadian home prices climbed in March, China’s fiscal revenue tumbled 26.1% in March, and the Eurozone’s trade surplus with the rest of the world grew in February. Meanwhile, Bank of England said that Britain’s economy might be slow to recover once the government relaxes its coronavirus lockdown.

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