GBP/JPY regains positive traction on Thursday and seems poised to appreciate further. The formation of an ascending channel points to a well-established short-term uptrend. A convincing...
GBP/JPY edges lower as safe-haven demand rises ahead of President Trump’s July 9 tariff deadline. UK Prime Minister Keir Starmer faces political pressure from the Labour...
GBP/JPY up 0.43%, on track for weekly gain over 0.40% amid resilient buyer momentum. Pair nears June 17 high at 196.83; close above 197.00 could open...
The Bank of England leaves interest rates unchanged at 4.25%, which supports the strength of the Pound. GBP/JPY rises as the BoE holds rates, while the...
The Pound Sterling drops across the board as UK GDP and Industrial Production figures disappoint. UK exports to the US saw their largest monthly decline in...
GBP/JPY faces some selling pressure to near 190.60 in Monday’s early European session. BoJ’s hawkish monetary policy outlook and safe haven demand underpin the Japanese Yen. ...
GBP/JPY appreciates despite a dampened market sentiment amid US-China trade tensions. China retaliated by slapping a 15% tariff on US coal and LNG imports; and an...
GBP/JPY sells off following the defeat of Sanae Takaichi in the Japanese ruling party’s leadership run off. Takaichi had warned that if elected she would restrict...
GBP/JPY followed other Yen pairs lower on Tuesday. The Yen is extending a near-term recovery after successive “Yenterventions”. Key UK and Japanese economic data due in...
GBP/JPY tumbled back to 203.00 as markets suspect continued market intervention. The Yen soared a full percent against the Pound Sterling on Wednesday. This follows last...
GBP/JPY attracts sellers for the second straight day, though the downside seems limited. Intervention fears prompt some JPY short-covering and exert pressure on spot prices. The...
GBP/JPY corrects from a 16-year high of 204.75 marked on Monday. BRC Shop Price Index, an indicator of inflationary pressures in the UK, rose by 0.2% YoY...
GBP/JPY continues to climb to fresh highs as Yen extends backslide. Floundering JPY draws out more direct warnings from Japanese officials. Market flows unlikely to change...
GBP/JPY hit a new 16-year peak of 201.32 on Thursday. JPY traders are buckling down ahead of the BoJ’s latest rate call. Sterling markets are shrugging...
GBP/JPY pumps the brakes as the pair churns near 200.00. Thin economic calendar this week allows the Guppy to find balance. Hectic data schedule on the...
GBP/JPY rose back above 200.00 as Yen weakness remains. BoJ statements bought little reprieve from broad-market Yen selling. Japanese Tokyo CPI inflation due later this week....
The pair rose to highs since 2007 at 199.90. The daily RSI indicates an overextended buying momentum, suggesting a pending technical correction. The hourly indicators have...
GBP/JPY marches higher as markets eat away at “Yentervention” territory. UK labor figures worsened, but not as badly as expected. Japanese GDP growth due on Thursday....
GBP/JPY holding above 194.50 as markets continue to sell Yen. BoE still stands pat on interest rates, but officials are slowly changing camps. Trading week to...
GBP/JPY finds fresh highs after “Yenterventions” knocked pair lower. BoE rate call around the corner, UK GDP on Friday. BoE expected to hold rates steady, Gov...