GBP/JPY Price Forecast: Slumps as UK Retail Sales misses estimates – FXStreet
The GBP/JPY price forecast took a hit as UK retail sales missed estimates. The slump in the currency pair was a direct result of the disappointing retail sales data in the UK. This news caused the GBP/JPY to decrease in value. Investors will be closely monitoring the situation to see how this will impact the currency pair moving forward.