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Pound-Yen Outlook: Bullish Longer-Term, Neutral Short-Term

  • Written by Joaquin Monfort
  • Category: JPY

Pound Yen

The latest Pound-to-Yen exchange rate technical and fundamental outlook suggests the sideways trending market is likely to extend near-term but longer-term Sterling is preferred.

Read more: Pound-Yen Outlook: Bullish Longer-Term, Neutral Short-Term

The Pound-to-Yen Rate in the Week Ahead: Explosive Breakout in the Cards

  • Written by Joaquin Monfort
  • Category: JPY

The Pound-to-Yen rate was trading at 147.70 on Monday after rising 2.4% from a week ago, although technical studies of the charts suggest there is ample scope for the Pound to post another impressive gain during the days ahead.

Read more: The Pound-to-Yen Rate in the Week Ahead: Explosive Breakout in the Cards