MENU

JPY

GBP/JPY Set to Extend Steep Downtrend Through this Week

  • Written by Joaquin Monfort
  • Category: JPY

The Pound-to-Yen rate was trading around 131.66 Tuesday after falling more than two percent so far this week and studies of the charts suggest the exchange rate will probably continue its downtrend in the coming days. 

Read more: GBP/JPY Set to Extend Steep Downtrend Through this Week

Pound-Yen Rate Likely to Decline over Coming Days as Downtrend Continues

  • Written by Joaquin Monfort
  • Category: JPY

Yen exchange rates

The Pound-to-Yen exchange rate is trading at around 134.63 at the time of writing, after falling almost 0.75% in the previous week, and studies of the charts suggest the exchange rate will probably continue its downtrend in the days to come.

Read more: Pound-Yen Rate Likely to Decline over Coming Days as Downtrend Continues