![Bank notes of different currencies](/en-uk/-/media/research/global/news-analysis/featured-image/2021/03/forex2v2.jpg)
The BOE said they did not mean to imply that they will take rates negative, and the Pound took off. With the BOJ nowhere close to exiting negative rates, GBP/JPY has gone bid. The pair is currently breaking out of a long-term triangle, with resistance not until much higher!
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