24 Jun 2014
GBP/JPY declines again, moves away from 174.00
FXStreet (Córdoba) - The GBP/JPY is falling for the second day in a row, pulling back further from last week highs that lie at 174.07. Currently the pair trades at 173.12, down 0.25% for the day so far.
On European hours the pair peaked at 173.69 but then reversed and fell quickly to 172.91 following Mark Carney declarations during the presentation of the Inflation Report. Afterwards rebounded but the recovery was capped by 173.35.
Cable is among the worst performers across the board. The GBP/JPY is down despite the fact that the USD/JPY is rising.
On European hours the pair peaked at 173.69 but then reversed and fell quickly to 172.91 following Mark Carney declarations during the presentation of the Inflation Report. Afterwards rebounded but the recovery was capped by 173.35.
Cable is among the worst performers across the board. The GBP/JPY is down despite the fact that the USD/JPY is rising.