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GBP/JPY PRICE ANALYSIS: HOLDS STEADY AROUND 191.00 AMID THIN LIQUIDITY CONDITIONS

amking
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  • GBP/JPY hovers around 191.00, with trading subdued due to the Easter holiday.
  • Technical indicators show potential for movement, with key levels at 191.57 and 190.74, marking immediate targets.
  • Future direction hinges on breaking 192.00 resistance or 190.00 support.

On Friday, the GBP/JPY remained steady at around 191.00, almost flat, as the financial markets remained closed in observance of the Easter holiday. In the meantime, Fed Chair Jerome Powell crossed the newswires, saying that monetary policy is well placed to react to a range of different data paths.


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