GBP/JPY zögert über 185.00, da die Bullen an Schwung verlieren
Finanzen GBP/JPY zögert über 185.00, da die Bullen an Schwung verlieren The Sterling remains trapped within previous ranges with bullish momentum fading. Risk aversion and Weak UK employment figures are weighing on the GBP. In Japan, hopes that the BoJ will stand pat next week are keeping Yen bulls in check. Sterlings rebound from the 184.50 area has been capped right above 185.00. The pair is moving without a clear direction on Tuesday, with risk aversion weighing on the Pound, and the bullish momentum witnessed in early January losing steam. Unemployment claims increase and wages slow down in the UK Earlier today, the UK employment report increased negative pressure on the GBP/. Unemployment claims increased at their fastest rate since June, while earnings increased by 6.5% year-on-year, below the 6.8% expected and well below last months 7.2% increment. These figures suggest that the labour market might be weakening, which would ease inflationary pressures, ultimately allowing the BoE to bring rate cuts to the table. In Japan, last weeks figures showed lower inflationary pressure, anticipating a weak CPI reading later this week. This eases pressure on the BoJ to exit its ultra-loose policy which is keeping the Pound from a deeper reversal. From a technical perspective, the broader trend remains bullish,
