Sphyn-Trader

GBPJPY: Trends are difficult to identify

Short
OANDA:GBPJPY   British Pound / Japanese Yen
GBP/JPY takes offers to refresh the intraday low near 183.50 during the first loss-making day in six amid early Monday morning in Asia. In doing so, the cross-currency justifies the market’s sour mood amid a light calendar, as well as ignores the hawkish concerns about the Bank of England.

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