On Thursday, the GBP\/JPY reached a new four day high at 151.48 as market sentiment ended mixed, and it could weigh on the British pound.
The cross-currency declined to a daily low of 149.53, but as the European session began and the Bank of England released its monetary policy statement, the cross-currency rose above 151.00 for the first time in four days.
The daily chart shows that the GBP\/JPY might consolidate before resuming the upward trend.
The Dow Jones and the S&P 500 closed with gains of 1.48% and 1.21%, respectively while the Asian equity futures have been split between winners and losers.
The Hang-Seng and the S&P\/ASX 200 Futures rose by 1.42% and 1.08%, each. On the other hand, the Nikkei 225 and Topix Futures are falling 0.01% and 0.07%, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"
On Thursday, the GBP\/JPY reached a new four day high at 151.48 as market sentiment ended mixed, and it could weigh on the British pound. The cross-currency declined to a daily low of 149.53, but as the European session began and the Bank of England released its monetary policy statement, the cross-currency rose above 151.00 …<\/p>\n","protected":false},"author":13,"featured_media":51338,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,39],"tags":[6967,7270,6870,7180],"class_list":["post-51334","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-global-stock-markets","tag-boe","tag-dowjones","tag-gbp","tag-jpy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=51334"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51334\/revisions"}],"predecessor-version":[{"id":51339,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51334\/revisions\/51339"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/51338"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=51334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=51334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=51334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}