GBPJPY stability
Updated
The GBP/JPY chalked in another red bar to settle Friday, bringing the pair back into range of the week's lows set on Monday near 181.25, and the closing bell finds the Guppy trading into 181.60.
The pair spent the first half of the trading week on the climb, tapping into four-week highs at 183.82 before market turned broadly risk-off and sent the Pound Sterling (GBP) sharply lower against the Yen (JPY), sending the GBP/JPY down over 1% to end the trading week in the red, down about 60 pips.
The pair spent the first half of the trading week on the climb, tapping into four-week highs at 183.82 before market turned broadly risk-off and sent the Pound Sterling (GBP) sharply lower against the Yen (JPY), sending the GBP/JPY down over 1% to end the trading week in the red, down about 60 pips.
Trade closed: target reached
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