GBP/JPY: Pound awaits Bank of England meeting - "dovish" market expectations may support the British currency
The GBP/JPY cross pair has recently
The premium article will be available in00:00:00
The GBP/JPY cross pair has recently shown increased volatility. In just two weeks, the pair dropped by a thousand (!) pips. On November 24, an 8-year price high was recorded at 188.63, while on December 7, bears set a two-month low at 178.63. However, the bearish momentum quickly faded: on Monday, the cross returned to the 184 handle. Such mood swings are solely due to the Japanese yen's behavior, with the pound being the proverbial "dance partner." However, the situation
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Posts
Posts
No comments:
Post a Comment