Bot Window

GBPJPY following the bull trend

GBPJPY was up on Tuesday after testing the low level of 193.63 in the last trading session as The Japanese yen held its recent decline on Tuesday, hovering near its weakest levels in three weeks as caution prevailed ahead of the latest US Federal Reserve policy decision. The Fed is widely expected to cut interest rates by 25 basis points on Wednesday, though it may signal fewer reductions than previously indicated for 2025. Domestically, Japan's economy minister, Ryosei Akazawa, reaffirmed that the Bank of Japan and the government will collaborate on appropriate monetary policies.