FXstreet.com (Chicago) – GBP/JPY continues hovering around immediate support at 152.43 (August 14th highs) after attempting to extend bullish momentum on attempt to recover 0.80% in losses incurred this week. The pair reached 152.50 momentarily on Gfk data but failed to maintain levels after the Nomura/JMMA Manufacturing Purchasing Manager Index was released in Japan.
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Besides the Prime Minister David Cameron’s loss of symbolic vote at the House of Commons for military strike in Syria, the BoE’s Carney comments make the headlines. As reported by Reuters, the bank will continue providing stimulus until the economy reaches self-sustaining growth. …read more