Bearish momentum has been dominating the British Pound against the Japanese Yen since December 15. The currency pair has declined by 4.76% in value during this period.
All things being equal, the GBP/JPY exchange rate will likely edge up during the following trading sessions. The potential target for bullish traders would be at the 146.00 marks.
On the other hand, the currency exchange rate might continue its downward movement within the next week’s trading sessions.
