GBPJPY Outlook: Pound Falls Further on BoE, Rising Safe-Haven Demand

<p>Pound’s bearish stance firmed after BoE and increased demand for haven yen over rising geopolitical tensions. The cross accelerated through important supports at 133.62 (converged 30/55DMA’s) and 133.28 (Fibo 61.8% of 129.29/139.73) and penetrated daily cloud (spanned between 133.03 and 131.33), down 1.2% since opening in Asia. Momentum is breaking into negative territory on daily […]</p>
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