Why Is Gbp Jpy Falling GBP JPY s breach of 190 06 temporary low suggests that fall from 198 94 is resuming Intraday bias is back on the downside for 188 07 support Firm break there will
GBP JPY weakened as the UK Retail Sales reported an unexpected 0 3 MoM decline in December The Pound Sterling faced challenges as UK GDP fell short of the GBP JPY trades lower on Friday after Japanese GDP data beats expectations and data for the same period from the UK Volatility is tempered by markets view that the data is
Why Is Gbp Jpy Falling
Why Is Gbp Jpy Falling
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GBP JPY breaks its three day winning streak trading around 191 80 during the European hours on Tuesday However the JPY encountered challenges as weak Japanese Technical Analysis GBP JPY From a technical standpoint GBP JPY on a weekly timeframe failed to print a higher high in December which preceded the selloff we have seen
The data weighed on the pound this morning with GBP JPY falling some 60 70 pips post data release However the pair has since recovered the majority of the drop as buying This was worse than the forecasted 0 4 increase Over the whole of 2024 retail sales grew by 0 7 recovering from a 2 9 drop in 2023 and a 4 1 fall in 2022 The data
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GBP JPY Live Rate Expert Analysis Interactive Charts Latest News Insights on the British Pound Japanese Yen Dynamics Discover What Drives the Pair The GBP JPY currency pair is experiencing tight trading just shy of the 186 00 mark today after recovering from a recent low of 184 45 This movement comes as traders anticipate
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GBP JPY s breach of 190 06 temporary low suggests that fall from 198 94 is resuming Intraday bias is back on the downside for 188 07 support Firm break there will
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GBP JPY weakened as the UK Retail Sales reported an unexpected 0 3 MoM decline in December The Pound Sterling faced challenges as UK GDP fell short of the
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Why Is Gbp Jpy Falling - GBP JPY breaks its three day winning streak trading around 191 80 during the European hours on Tuesday However the JPY encountered challenges as weak Japanese
