GBPJPY facing a daily resistance
GBPJPY was up on Friday after testing the low level of 192.84 on the day trading as The Japanese yen weakened on Friday, its lowest level in more than two weeks, amid growing speculation that the Bank of Japan may hold off on an interest rate hike at next week’s meeting. Market expectations for a 25-basis point rate hike this month fell to just 23%, following reports that the central bank sees "little cost" in delaying further tightening.
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