The GBP/JPY strung along the midrange on Thursday, trading on the low side of the 188.00 handle as markets gear up for Japan’s Tokyo Consumer Price Index (CPI) inflation print early Friday.
The GBP/JPY cross remains on the defensive for the fourth successive day on Friday, albeit lacks follow-through selling and remains confined in the previous day's broader trading range through the first half of the European session.
BoJ leaves the policy rate unchanged at -0.1% Maintains 10-year JGB yield target around 0% with a flexible buffer of 1% GBPJPY hangs around recent highs d