Previous close | 197.7150 |
Open | 197.7010 |
Bid | 199.4600 |
Day's range | 197.6210 - 199.7470 |
52-week range | 172.6810 - 200.7290 |
Ask | 199.4800 |
In this week’s Exness Market Outlook we dissect the GBPJPY’s precarious stance on the forex ice.
January’s monthly GDP in the UK was 0.2%, leading some participants to expect a quick exit from recession.
The “Dragon” has been slightly soft during the session on Monday in the early hours, however, I do believe that there are buyers underneath that are willing to get involved.