GBP/JPY climbs 0.60%, nearing the 192.00 resistance as the Japanese Yen weakens.
The pair has fluctuated between 190.00 and 193.00 for 17 days, with significant moves restricted by crucial technical points.
Possible intervention from Japanese authorities may drive GBP/JPY down, aiming for initial support at the Ichimoku Cloud's top at 189.00.
The GBP/JPY edges higher during the North American session, up by 0.60%, as the Japanese Yen (JPY) remains the weakest currency on Monday. At the time of writing, the cross-pair exchanges hands at 191.92, shy of cracking 192.00.