GBP/JPY Clears At 218.348 as Desk Focus Shifts

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GBP/JPY Clears At 218.348 as Desk Focus Shifts

Research preview

GBPJPY News And Catalyst Brief The catalyst mix is narrower than it first looks around geopolitical risk and risk sentiment. GBPJPY has a balanced headline read, with macro headlines 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. U.S. KEEPS CHINA, JAPAN, THAILAND, 7 OTHERS ON CURRENCY WATCHLIST – KYODO … JAPAN TRADE MIN: HAVE CONFIRMED WITH LUTNICK NO TARIFFS BEYOND DEAL – THINK BURDEN ON JAPAN WON'T GO BEYOND LAST YEAR'S DEAL … JAPAN'S NIKKEI INDEX DROPPED 3% AMID BROAD MARKET WEAKNESS...

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