Forex: GBP/JPY finishes slightly lower as recent consolidation continues
The GBP/JPY traded in a narrow range, closing the day down 12 pips at 151.51. Japan released Industrial Production and recent Unemployment rate figures earlier in the session but the effect was minimal. Currently the pair is slightly higher, up 7 pips at 151.58. The pair has been consolidating on the daily chart over past week with neither side being able to establish enough of a move to set the next major trend.