Global Markets Brace for More Volatility Amid Israel Conflict

USD/JPY begins the week fairly neutral to overbought inside a range from short 150.51 to long 148.49. For the 3rd week running , GBP/JPY and EUR/JPY trade oversold. GBP/JPY's vital break at 180.52 trades 99 pips from the 181.51 close while EUR/JPY trades 107 pips from the vital break at 156.01. Neither EUR/JPY nor GBP/JPY is expected to cleanly break this week.