Prior Chart:
The Pound unwinds some of its all round appreciation, though keeps its head above water amidst robust UK consumption surveys and confirmation from PM Johnson that the 3rd phase of lifting lockdown restrictions will go ahead next Monday.
Elsewhere, the GBP/JPY has reached our upside target of 154.00 with pinpoint accuracy. Another 200 pips bagged. Yen hovering lower against the backdrop of waning oil prices pre-OPEC MOMR and API weekly inventories.
The Pound unwinds some of its all round appreciation, though keeps its head above water amidst robust UK consumption surveys and confirmation from PM Johnson that the 3rd phase of lifting lockdown restrictions will go ahead next Monday.
Elsewhere, the GBP/JPY has reached our upside target of 154.00 with pinpoint accuracy. Another 200 pips bagged. Yen hovering lower against the backdrop of waning oil prices pre-OPEC MOMR and API weekly inventories.