In Japan, the main news was Kuroda's reappointment as governor of the Bank of Japan for a second five-year term, relying on his team with Amamiya, who designed the stimulus policies of Prime Minister Abe and Waseda, of Abenomics. The political commitment to the continuity of the central bank's management, along with the entry of clearly facilitating members, could put pressure on the yen.
Technical reference: The pair reacted positively in a very strong around 148. This support has been respected since 2016. From the point of view of momentum, we highlight the slow and ( ), both in the zone of high technical oversold. From a risk / yield point of view, we risk little against the appreciation potential of GBPJPY .