May 28, 2024 07:18 GMT
GBPJPY targets the highest level since 2008
GBP
- EUR and the Pound continue to be well underpinned against the Yen going into the European session, and although they are finding some offers here, GBPJPY is eyeing a test to 200.547, the top level printed on the 29th April, just before the speculated first MoF intervention.
- This high print was also the highest level since 2008.
Chart source: MNI/Bloomberg.
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