Forex: GBP/JPY steady as BoE leaves policy unchanged
Forex pairs in this Article »
GBP/JPY
FXstreet.com (Córdoba) - The pound remained pretty steady versus the yen after the Bank of England decided to leave its main rate and its bond-buying program unchanged.
GBPJPY pulled back slightly from a 9-day high of 141.66, and it is currently trading at the 141.35/40 zone, 0.4% above its opening price.
From a technical view, Valeria Bednarik, chief analyst at FXstreet.com notes that even though yen remains weak, GBPJPY needs now to take over the 142.00 level to accelerate higher, "with short term resistances then at 142.60 and 143.20".
GBPJPY pulled back slightly from a 9-day high of 141.66, and it is currently trading at the 141.35/40 zone, 0.4% above its opening price.
From a technical view, Valeria Bednarik, chief analyst at FXstreet.com notes that even though yen remains weak, GBPJPY needs now to take over the 142.00 level to accelerate higher, "with short term resistances then at 142.60 and 143.20".
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