GBP/JPY trades just below the 210.00 resistance level, maintaining a bullish posture as the Bank of Japan's lack of hawkish rhetoric keeps the Yen under sustained pressure.
The BoJ gave no hike signal, supporting GBP/JPY as the Pound climbs against the Yen, with 210.00 capping the cross.
The British Pound continues to test the 210.00 level against the Japanese Yen, marking the third attempt to break this ceiling since late September. With the Bank of Japan offering no signals of an imminent rate hike, the pair remains supported within its established upper trading band.
The 210.00 level acts as a major technical resistance point that has capped the pair's upside momentum three times since September 24.