Back
10 Dec 2014
GBP/JPY trims losses
FXStreet (Córdoba) - The pound is trading slightly lower against the yen on Wednesday, falling for the second day in a row, but far from the lows.
GBP/JPY bottomed earlier at 186.14 but then bounced to the upside and recently reached 187.30. Currently trades at 187.05/10, 0.15% below today’s opening price.
Trade balance data from the United Kingdom had no impact on the pound. The deficit fell in October to the lowest level in seven months, at £2bn, below the £2.8bn in September.
GBP/JPY steady
Price action across the board remains mostly calm following sharp movements yesterday, when GBP/JPY dropped from 189.20 to 185.16; today the price range so far has been of 160 pips.
GBP/JPY bottomed earlier at 186.14 but then bounced to the upside and recently reached 187.30. Currently trades at 187.05/10, 0.15% below today’s opening price.
Trade balance data from the United Kingdom had no impact on the pound. The deficit fell in October to the lowest level in seven months, at £2bn, below the £2.8bn in September.
GBP/JPY steady
Price action across the board remains mostly calm following sharp movements yesterday, when GBP/JPY dropped from 189.20 to 185.16; today the price range so far has been of 160 pips.