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
The Yen is stronger across foreign exchange markets today after positive wage data and reports the Bank of Japan considered raising rates earlier in the year provided a boost.
August 8,2018
GBP/JPY falls within descending channel after trendline break and more downside potentially to 142.00 is expected.
August 6,2018
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