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GBP/JPY. Analysis and Forecast
Today, Tuesday, the GBP/JPY pair is
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Today, Tuesday, the GBP/JPY pair is struggling to sustain the rebound that started near 199.00, which marks almost a two-week low, and remains confined to a narrow range. At the moment, prices are trading below 199.70, failing to surpass yesterday's high as market participants eagerly await the UK PMI release, expected to provide fresh momentum to the pair.Meanwhile, ongoing uncertainty over the timing and pace of Bank of Japan rate hikes is weighing on the yen, which in turn supports
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Irina Yanina,
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