- GBP/JPY lacks any firm directional bias and remains confined in a range on Friday.
- Traders seem reluctant and look to key UK macro releases before placing fresh bets.
- The divergent BoJ-BoE policy outlook continues to lend some support to the cross.
The GBP/JPY cross oscillates in a narrow trading band, around mid-183.00s through the Asian session on Friday and for now, seems to have stalled the overnight pullback from its highest level since December 2015.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased