GBP/JPY is falling after having touched, and been rejected at, the 50-day Moving Average. Yen up on strong capex and trade war fears with the main potential driver this week being Trump's decision on China tariffs.
September 3,2018
The Pound-to-Yen rate shot up mid-week, breaking above its key 50-day moving average (MA) and rising by over 1.60% in only a few hours, in a move that suggests the outlook for the pair is turning more positive.
August 30,2018
The Pound-to-Yen exchange rate broke beneath the lower bound of a bearish wedge formation on the charts last week, suggesting that losses will continue during coming days.
August 20,2018
The Japanese Yen is undervalued and especially sensitive to shifts in its central bank's monetary policy - or hints of them - which suggests it may rise in the months ahead, says Shanti Keleman, a director and investment adviser at Coutts and Co.
August 15,2018
GBP/JPY has fallen steeply as buyers flock to the safe-haven Yen and the exchange rate could fall further although there are conflicting bullish recovery signs.
August 13,2018
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