GBP/JPY Range-Bound as BoE Strikes Dovish Tone, BoJ Remains Cautious on Inflation

GBPJPY Wave Analysis - Action Forex

GBPJPY: ⬇️ Sell GBPJPY reversed from resistance zone Likely to fall to support level 193.85 GBPJPY currency pair recently reversed down from the resistance zone between the strong resistance level 199.000 (which has been reversing the price from last October) and the upper weekly Bollinger Band. The downward reversal from this resistance zone stopped the […] The post GBPJPY Wave Analysis appeared first on Action Forex.

GBP/JPY limited in a range while the BOE adopts a moderate tone, the BOJ remains cautious to inflation - World Stock Market

The GBP/JPY is slightly down near 197.30 in the midst of the lack of data from the United Kingdom. The governor of the BOE, Bailey, points out a “gradually downward” type; It highlights the weakening of the labor market. Ueda del Boj says that underlying inflation is maintained below 2%, despite the high general indices. The pound sterling (GBP) weakens slightly in front of the Japanese Yen (JPY) on Tuesday, with the GBP/JPY torque around 197.30…

GBP/JPY range-bound as BoE strikes dovish tone, BoJ remains cautious on inflation

The British Pound (GBP) weakens slightly against the Japanese Yen (JPY) on Tuesday, with the GBP/JPY pair hovering near 197.30 during the American session.

Softening jobs market sign of ‘downwards’ rate path: BoE Bailey – Mortgage Finance Gazette

The governor of the Bank of England reiterated his forecast that interest rates will continue to fall “gradually” as the jobs market softens. Andrew Bailey said he was seeing signs of a softening labour market, which would help bring inflation down to the Bank’s 2%… The post Softening jobs market sign of ‘downwards’ rate path: BoE Bailey appeared first on Mortgage Finance Gazette.