GBP/JPY Finds Three Reasons to Rebound as BoE and BoJ Risks Converge

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GBP/JPY enters a back-to-back central-bank week with three independent arguments for a rebound—the BoE’s hawkish bloc has little room to retreat, a fully priced BoJ hike may give Yen no new information, and the pair is oversold at a two-layer technical support zone—creating an asymmetric setup where the bullish threshold is lower than the bearish one.The post GBP/JPY Finds Three Reasons to Rebound as BoE and BoJ Risks Converge appeared first on ActionForex.