GBP/JPY flat-lines around 182.00, UK PMIs eyed for some impetus ahead of BoJ on Friday

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• GBP/JPY lacks a firm intraday direction and oscillates in a range during the Asian session.
• Reports that the BoJ will stick to its dovish stance weigh on the JPY and lend some support.
• Reduced bets for more aggressive BoE rate hikes cap any meaningful upside for the cross.

The GBP/JPY cross struggles to capitalize on Friday’s strong intraday rally from levels just below the 180.00 psychological mark and kicks off the new week on a subdued note. Spot prices seesaw between tepid gains/minor losses through the Asian session and currently trade around the 182.00 mark, just below a nearly two-week high touched on Friday.