FX Outlook: GBPJPY is Ready for the Next Pump?

GBP/JPY 4H Chart Technical Outlook: Favor Technical Pattern  GBPJPY has been trading sideways for the past few days. Prices are moving in between 184.763 and 184.042, as indicated on the…

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GBPJPY at a Crossroad Due to Diverging Economic Signals? 

In the UK, robust macroeconomic indicators have underscored the imperative for future rate hikes by the esteemed Bank of England (BoE), bolstering the GBPJPY currency pair. With year-on-year GDP growth…

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Could the Dragon lose more Momentum?

The GBPJPY currency pair, also known as the Dragon, could continue to see wild swings after the latest round of economic data across both regions. The Bank of England (BoE)…

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Will The Bank Of England’s Monetary Policy Support The GBPJPY?  

Japan’s interest rates remained unchanged at -0.1% last week as the Bank of Japan (BoJ) maintained its ultra-loose monetary policy. The GBPJPY currency pair was subsequently sent skyrocketing, up 3.41%…

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GBPJPY Currency Pair Plunges as Bank of Japan Widens Yield Range 

Last week, the GBPJPY currency pair experienced a sharp decline following the Bank of Japan's decision to expand the range in which 10-year Japanese government bond yields can trade. While…

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Bank of Japan Clips the Dragon’s Wings 

After a sustained period of upward momentum, the GBPJPY currency pair was hit by a substantial pullback in the Thursday session, as speculation arose that the Bank of Japan would…

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