GBPJPY breaks above the 185.00 barrier, gaining 0.04% on the day following the UK inflation data.
UK CPI rose 6.8% YoY in July vs. 6.8% expected; monthly CPI figure declined 0.4% in July vs. -0.5% expected.
Traders turn cautious amid the fear of FX intervention by the Bank of Japan (BoJ).
Market players will shift their focus to UK Retail Sales for July.
#trading# #FX# #community# #GBP/JPY# #market#
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
-THE END-