GBP/JPY edges lower to near 187.50 as BoJ signals to raise rates further – FXStreet

The GBP/JPY pair is moving downwards towards the 187.50 mark, following signals from the Bank of Japan (BoJ) indicating a potential increase in interest rates. The BoJ’s announcement has influenced the market, causing the pair to edge lower. Traders are closely monitoring the situation as the BoJ’s decision could impact the exchange rate further.