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GBP/JPY: Ascending Triangle Under Pressure - ActionForex
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GBP/JPY: Ascending Triangle Under Pressure - ActionForex
The GBP/JPY pair has come under pressure after the Bank of Japan raised its policy rate to 1.0% on 16 June. The Bank of England is following the opposite path: at its 30 April meeting, the Monetary Policy Committee (MPC) voted 8–1 to keep the base rate at 3.75%, with one member advocating an increase […] The post GBP/JPY: Ascending Triangle Under Pressure appeared first on ActionForex.
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