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GBP/JPY Price Forecast: Sterling Set for Weekly Gains Amid Broad Yen Weakness

The British Pound (GBP) trades modestly stronger against the Japanese Yen (JPY) on Friday, as the Yen remains broadly pressured amid a fresh wave of trade-related uncertainty.

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bipns.com

GBP/JPY Price Forecast: Retains bullish bias near 198.00

GBP/JPY strengthens to around 197.95 in Monday’s early European session. The cross maintains a constructive view above the 100-day EMA with the bullish RSI indicator. The immediate resistance level is seen at 198.81; the initial support level is located at 194.34. The GBP/JPY cross trades in positive territory for the third consecutive day near 197.95 during the early European session on Monday. The Japanese Yen (JPY) weakens against the Poun…

10 hours ago

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FXStreet

GBP/JPY Price Forecast: Sterling set for weekly gains amid broad Yen weakness

The British Pound (GBP) trades modestly stronger against the Japanese Yen (JPY) on Friday, as the Yen remains broadly pressured amid a fresh wave of trade-related uncertainty.

1 day ago

Read Full Article

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