Browsing: GBPJPY

GBP/JPY tests immediate support at the nine-day EMA at 191.00. The 14-day RSI falls below 50, signaling increasing bearish momentum.…

GBP/JPY recovers strongly to near 189.50 as investors digest BoE’s dovish policy outlook. The BoE halved UK GDP growth for…

GBP/JPY falls swiftly to near 188.40 as two BoE MPC members favored large interest rate cuts. The BoE sees a…

GBP/JPY could further depreciate amid the increased likelihood of further Bank of Japan rate hikes. The BoJ Summary of Opinions…

GBP/JPY inches lower as traders expect the BoJ to deliver more rate hikes in the future. BoJ reiterated its commitment…

GBP/JPY continues to gain ground due to improved market sentiment. The Pound Sterling may struggle due to the increased likelihood…

GBP/USD remains under pressure as UK GDP shows growth in December but falls short of market expectations. The yield on…

GBP/JPY loses ground as the Pound Sterling loses ground after the weaker UK inflation data released on Wednesday. The UK…

GBP/JPY dumped another 0.6% and tested the 200 EMA on Thursday. Another limited showing on the economic calendar this week…

GBP/JPY consolidates in a range on Tuesday amid mixed fundamental cues. The BoJ rate hike uncertainty undermines the JPY and…