GBP/JPY Remains On The Defensive Below 198.00 Amid Expectations For BoJ Rate Hike
July 26, 2024 at 06:27 AM EDT
GBP/JPY trades in negative territory for the sixth consecutive day near 197.75 in Friday’s early European session. The increase in Japan’s Tokyo core CPI inflation maintains the possibility of a BoJ rate hike next week.
