The British pound declined against the yen by 0.5%, the lowest since last November, from today’s opening price of 184.99, and recorded the lowest level at 184.07. ‏
Yesterday, the British pound lost 0.2% against the Japanese yen, the fourth daily loss in a row, after the Bank of England Governor’s comments about the financial stability report in the United Kingdom.

The Bank of England will meet next week to discuss monetary policy appropriate to economic developments in the United Kingdom, as it is expected to keep British interest rates without any change.
Recent comments by members of the Bank of England with weak economic data in the United Kingdom have strengthened the assumption that monetary tightening will end as expectations grow about the timing of cuts in British interest rates.
As for the yen, data issued in Tokyo during the recent period indicated escalating inflationary pressures on monetary policymakers at the Central Bank of Japan, especially data on inflation, wages, and the labor market, as the Governor of the Bank of Japan said earlier: The bank may obtain sufficient data by The end of the year to determine whether he can end negative interest rates, and he explained: Once we are convinced that Japan will witness continued rises in inflation accompanied by wage growth, there are different options we can take.
Technical indicators indicate a continuation of the euro's decline against the yen, as the relative strength index has reached 37.28, with the possibility of continuing to decline, in agreement with the MACD indicator, which also indicates a continued decline.

*All data provided is intended for educational or informational purposes only and should not be considered investment advice.