The GBP/JPYgained sharply as BOJ kept its rates steady at 0.50%. It hit an intraday high of 194.90 and is currently trading ...

The GBP/JPYgained sharply due to board-based Yen weakness. It hit an intraday high of 194.27 and is currently trading around ...

GBP/JPY faces downward pressure amid growing hawkish expectations for the BoJ’s policy stance. Japan’s 10-year government bond yield surpassed 1.5%, reaching its highest level in over 15 years.

GBP/JPY could navigate the support region around the five-month low at 187.05. The 14-day RSI remains below the 50 level, indicating strengthening bearish momentum. The immediate resistance ...