GBP/JPY Forecast: Pound Remains Strong Against The Yen
Source: menafn.com
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Abrdn investment director James Athey is maintaining a short position on sterling versus the Japanese yen despite the pound’s recent rally.
With BOJ monetary policy diverging from that of the Fed and the BOE, USD/JPY and GBP/JPY have been on a tear lately.
The Swiss Franc and the Japanese Yen are considered safe haven currencies
Asian equities took Wall Street’s lead and traded higher overnight, whilst GBP pairs crept slightly higher following yesterday’s strong session.