GBPJPY remains in an unobstructed uptrend and hit new multi-year high (the highest since 2008) in early Monday. The cross extends steep ascend into eleventh straight day, after registering the sixth consecutive monthly gain in June. Yen weakened further against all major currencies on dovish BoJ and despite looming intervention after Japanese authorities signaled readiness […]

The post GBP/JPY Outlook: Hits New Multi-Year High appeared first on Action Forex.

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