FED SAYS U.S. ECONOMY MAKING PROGRESS AS CENTRAL BANK MULLS PULLBACK

The FOMC is keeping its benchmark interest rate in the range of 0% to 0.25%

GBP/JPY (GBPJPY=X)

CCY - CCY Delayed Price. Currency in JPY

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153.1600+0.3260 (+0.21%)

As of 8:03AM BST. Market open.

FX Empire
GBP/JPY Price Forecast – British Pound Continues to Break Higher
The British pound has rallied a bit during the course of the trading session on Wednesday to break above the crucial ¥152.50 level.
FX Empire
GBP/JPY Price Forecast – British Pound Pulls Back From Familiar Level
The British pound has pulled back from the familiar ¥152.50 level, to show signs of struggle get again. At this point, the market looks as if it could roll over, but continuing higher would show real strength.
FX Empire
GBP/JPY Price Forecast – British Pound Continues to Recover Against Yen
The British pound initially pulled back during the course of the trading session on Monday but then turned around to show signs of strength again. At this point, it looks as if the market is going to try to get to the ¥152.50 level.