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GBPJPY Technical Analysis

Considering the recent hot CPI report and this morning’s incredibly strong Employment report with high wage growth, it is anticipated that the Bank of England (BoE) will continue to raise interest rates in order to address one of the highest inflation rates among the major economies. On the other hand, the Bank of Japan (BoJ) is expected to maintain its accommodative monetary policy this week, which has played a role in the significant depreciation of the Japanese Yen (JPY) over the past two yea... Read More

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Gbpjpy

Technical

Analysis

Forex

Posted: Jun 13 2023, 11:54

Author Name: forexlive

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