Thursday, October 15, 2026

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GBP/JPY eyes upper 190s targets, GBP buoyed by UK wage inflation pick-up

GBP/JPY upper 24-month Bolli at 195.90 & top of up channel from Apr at 197.39 today GBP gains accelerate from UK wage inflation pick-up & Grexit haven flows Yen sold by RM & as Trade data show yen slide isn't helping exp…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • GBP/JPY upper 24-month Bolli at 195.90 & top of up channel from Apr at 197.39 today

  • GBP gains accelerate from UK wage inflation pick-up & Grexit haven flows 

  • Yen sold by RM & as Trade data show yen slide isn't helping export volumes yet

  • 161.8% Fibo-projected top off Mar '03 low is at 198.35; Long-Term 61.8% is 199.79

  • Fresh daily uptrend buy signals last week & Bolli expansion this week underpin

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By FxWirePro Team