Weak UK retail sales and GDP data has put pressure on the British pound.
Rumors suggest the Bank of Japan (BoJ) may hike rates next week, which could impact the Yen and GBP/JPY.
On shorter timeframes (daily and hourly), there's potential for a bounce and retest of broken trendlines, with resistance levels around 191.50 and 193.00.
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The British pound remains under pressure following a surprisingly weak retail
17-01-2025 06:15 GMT
by Zain Vawda
