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Posted by
Two Blokes May 11 -
Filed in
Forex
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5 views
The Pound to Yen (GBP/JPY) exchange rate is currently trading around 193, but Standard Chartered considers it is within a bearish technical trend and maintains a negative stance on the Pound. It sees scope for GBP/USD to retreat to at least 1.30, but prefers to express its view by selling GBP/JPY.