GBP/JPY Lifts From 215.346
Research preview
GBPJPY News And Catalyst Brief The linked stories point to a market that is reacting mainly to around central-bank policy. 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. That makes the technical map more important, not less important, because price still has to confirm the macro story. Banks borrow 126.1bln in boe short-term repo operation. Eurozone construction output (m/m) june: 1.3% (prev 0.4%; prev r 0.2%) – construction output (y/y): -0.7% (prev 1.2%; prev r 0.7%). Eurozone construction output mom actual -1.3% (forecast -, previous 0.38%) $macro. North korean missile likely already...
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