GBPJPY- Possibilities. USDJPY will be the guideline for further GJ move. I am expecting interest rate differential will play its part as BOJ new governor favors the continuation of previous monetary policies.
For BOE Quoting:
"More rate rises are likely to come, but there is a widespread belief that these may end by the middle of the year. The Bank will be keen not to dampen the economy, which is expected to enter recession.
Analysts believe the rate will peak at 4.5% in the summer."
For BOE Quoting:
"More rate rises are likely to come, but there is a widespread belief that these may end by the middle of the year. The Bank will be keen not to dampen the economy, which is expected to enter recession.
Analysts believe the rate will peak at 4.5% in the summer."