empty
Back Fundamental analysis
analytics6a16a29575c11.jpg
Back Fundamental analysis
GBP/JPY resumes its ascent, supported by numerous factors
The GBP/JPY cross attracted buyers after
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
The GBP/JPY cross attracted buyers after a modest retracement that occurred yesterday from the 214.65–214.70 area, where a new monthly high was also recorded. In Wednesday morning trade the pair showed moderate intraday gains, adding about 0.10 percent, and appeared poised for further upside against a supportive fundamental backdrop. The pound is receiving support from a slight weakening of the US dollar and from a broadly negative bias toward the Japanese yen, which underpins a constructive short-term outlook for GBP/JPY. The
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Irina Yanina,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Irina Yanina
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Binary Options are unavailable for trading in this region
Can't speak right now?
Ask your question in the chat.
Widget callback