GBPJPY Price Forecast: Bearish Trends Persist Below 188.50
The GBPJPY currency cross has weakened, trading near 188.45 early in Monday’s European session. Ongoing uncertainty regarding US President Donald Trump’s trade tariffs weighs heavily on investor sentiment, prompting a flight to safe-haven currencies like the Japanese yen.
This bearish trend indicates that traders should remain cautious regarding positions in GBPJPY. Influences from US trade policies could continue to shape trading decisions in the upcoming sessions. Understanding the driving factors behind these currency movements is essential for making informed trades in a volatile market.