7/22/2021 11:03:38 PM GMT | By Anil Panchal
GBP/JPY keeps bounce off four-month low for the third consecutive day.
Market sentiment dwindles amid a quiet day, off in Japan and mixed clues.
UK’s covid-led death toll gradually firms up, scientists warn return of lockdown in three weeks.
EU President Ursula von der Leyeyn rejects UK PM Johnson’s push to renegotiate NI protocol.
GBP/JPY edges higher around 151.65, up 0.05% intraday, amid the initial Asian session on Friday. In doing so, the cross-currency pair prints a three-day uptrend following its bounce off March lows.
An off in Japan and cautious sentiment ahead of the UK’s preliminary readings for July PMIs probe the pair buyers of late. However, the yen’s weakness and the Bank of England’s (BOE) comparatively stronger position than the Bank of Japan (BOJ) keeps the GBP/JPY bulls hopeful.
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FAIRFIELD-SUISUN, CALIFORNIA
A worker, left, takes a picture of a destroyed area in Insul near Bad Neuenahr-Ahrweiler, western Germany, on Saturday, July 17, 2021. Devastating floods in Germany and other parts of western Europe have been described as a catastrophe , a war zone and unprecedented , with more than 150 people dead and the toll still climbing. (Christof Stache/AFP/Getty Images/TNS)
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