GBP/JPY Advance From 218.286 with Confirmation Needed

Research preview

GBPJPY News And Catalyst Brief The news tape is giving a clearer macro cue around macro catalysts. GBPJPY has a balanced headline read, with central-bank expectations setting the volatility backdrop. Final bias: neutral until price accepts a level outside the current pivot range. This improves the context, but follow-through still depends on price holding the relevant support or resistance area. Ldp s suzuki says japan has strong political commitment to raise the tax rate back after two years. Japan pm takaichi has ordered the lowering of the food sales tax rate to 1% from 8%, according to an ldp executive. Suzuki says japan can secure revenue to finance the temporary...