GBP/JPY flat-lines around 184.25 area, divergent BoJ-BoE policy stance to limit downside

The GBP/JPY cross gains some positive traction for the second successive day and recovers further from over a two-week low, around the 183.35 region t

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GBP/JPY Price Analysis: Extends resistance breakout towards 185.00 on mixed BoE, BoJ concernsGBP/JPY remains on the front foot for the second consecutive day, refreshing intraday high near 184.70 amid early Monday morning in Europe. In doing s
Read more »

Forex analysis: AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, and GBP/USD [Video]Watch the video for the key trading levels for the week ahead for AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, and GBP/USD.
Read more »

BOJ's Ueda: Underlying inflation still a bit below target By ReutersBOJ's Ueda: Underlying inflation still a bit below target
Read more »

BoE's Broadbent: Rates may have to stay high 'for some time yet' By ReutersBoE's Broadbent: Rates may have to stay high 'for some time yet'
Read more »

BOJ chief says current strategy is warranted by below-target inflation in JapanBank of Japan Governor Kazuo Ueda on Saturday said inflation remains lower than the central bank’s goal, explaining why officials are continuing with their...
Read more »

BoJ’s Ueda highlights “a bit below” inflation to defend current monetary easing framework“We think that underlying inflation is still a bit below our target,” said Bank of Japan (BoJ) Governor Governor Kazuo Ueda said at a Federal Reserve
Read more »