2026-10-22 17:44
Industry📊 Daily Market Review | 22 Oct GBPJPY
GBP/JPY edged higher on Wednesday, reaching 211.95 as stronger-than-expected UK inflation supported the pound, while growing expectations of a December BoJ rate hike helped stabilise the yen.Technical indicators suggest short-term downward pressure, with resistance at 212.0–212.5 and support at 211.3–210.7. Markets will closely watch upcoming UK economic data, US jobless claims and BoE Governor Bailey’s speech for further direction.#StarActivation #DailyMarketReview #MarketInsights #TradeSmarter #GBPJPY
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📊 Daily Market Review | 22 Oct GBPJPY
GBP/JPY edged higher on Wednesday, reaching 211.95 as stronger-than-expected UK inflation supported the pound, while growing expectations of a December BoJ rate hike helped stabilise the yen.Technical indicators suggest short-term downward pressure, with resistance at 212.0–212.5 and support at 211.3–210.7. Markets will closely watch upcoming UK economic data, US jobless claims and BoE Governor Bailey’s speech for further direction.#StarActivation #DailyMarketReview #MarketInsights #TradeSmarter #GBPJPY
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