GBP/JPY Gains Momentum Near 195.50 Post BoJ Policy Decision
The GBP/JPY cross has successfully halted its two-day losing streak, trading around 195.50 during Thursday’s Asian session. This appreciation comes as the Japanese Yen struggles following the Bank of Japan’s (BoJ) recent decision to keep interest rates unchanged. Market analysts are closely monitoring this situation, as the focus now shifts to the Bank of England’s upcoming monetary policy decisions. Investors should remain alert to potential reactions as these moving pieces play out in the forex market.
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