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GBP/JPY. Analysis and Forecast
Uncertainty about the Bank of Japan's
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Uncertainty about the Bank of Japan's next monetary steps continues to weigh on the yen. At the same time, worries surrounding the UK's fiscal outlook and diverging monetary policy expectations between the Bank of Japan and the Bank of England are causing bullish market participants to act cautiously.Today, the GBP/JPY pair attracted buyers around the key psychological level of 199.00, starting from the Asian session, halting the correction after a pullback from the July 2024 high. Spot prices rose about
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