GBP/JPY has had a turbulent start to the week with pressures from both sides of the world. In the UK, economic data and politics are in play while from Japan, the Ministry of Finance hand was likely formed again to intervene in the forex markets causing huge volatility ahead of the Tokyo open. At the time of writing, GBP/JPY is trading at 168.00 and has travelled between 169.78 and 165.41, up by some 0.82%. Rishi Sunak will become Britain's youngest prime minister and will lead the Conservative Party and will be the UK's third prime minister in less than two months. He replaces Liz Truss, who only lasted 44 days ... (full story)