GBP/JPY

The British Pound (GBP) reflects topsy-turvy moves against its peers, but remains broadly flat, after the release of the hotter-than-expected United Kingdom (UK) Consumer Price Index (CPI) data for September. Against the Japanese Yen (JPY), the British currency is almost flat at around 211.45.

The British Pound (GBP) reacts positively after the release of the strong United Kingdom (UK) labor market data for three months ending August. Against the Japanese Yen (JPY), the British currency has risen 0.12% to near 211.10.

The GBP/JPY advances by some 0.16% and extends its rally for the third straight day, with the cross pair trading at 210.93 as it approaches the September 18 high of 211.28, seen as the next key resistance ahead of the 50-day Simple Moving Average (SMA).

GBP/JPY edges higher on Monday, extending its advance for a third consecutive day as the British Pound (GBP) benefits from weakness in the Euro (EUR), while the Japanese Yen (JPY) struggles against most of its major peers despite hawkish signals from the Bank of Japan (BoJ).

The British Pound (GBP) trades mixed against its currency peers at the start of the United Kingdom (UK) data-packed week. Against the Japanese Yen (JPY), the British currency is almost flat at around 210.74.

GBP/JPY trades on the front foot on Friday, gaining around 0.50% as broad US Dollar weakness favours the higher-yielding British Pound (GBP) against the lower-yielding Japanese Yen (JPY), which underperforms all its major peers except the Greenback.