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GBPJPY Technical Analysis - Watch what happens around this resistance

UK:The BoE kept interest rates unchanged at the last meeting. The central bank is leaning more towards keeping interest rates “higher for longer”, although it kept a door open for further tightening if inflationary pressures were to be more persistent. The latest employment report showed a slowdown in wage growth and some job losses in September which could point to a softening labour market. The UK CPI today slightly beat expectations but given the softening in the labour market it’s unlikely... Read More

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Content Topics

Gbpjpy

Technical

Analysis

Watch

What

Happens

Around

This

Resistance

Forex

Posted: Oct 18 2023, 08:42

Author Name: forexlive

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