Japan Bank Lending Year-over-year (YOY)

The indicator checks on the amount of outstanding loans and discounts with banks. It means that the indicator measures and defines the bank institutions lending in Japan. Like any other country, the Japanese banking sector's lending ability grows when investment portfolios and business confidence increase. It implies that while looking at the performance and stability of the Japanese Yen, it remains imperative to consider the lending indicator.

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— Dave (@ItssDmg) August 13, 2022

If a higher figure is published, a bullish signal will be published for the Japanese Yen, while a lower figure will have a bearish impact on the Japanese Yen.

GBPJPY Week Ahead

Looking at the charts, it is apparent that the daily trend of GBPJPY reflects a bullish trend. However, while looking at the monthly chart, the price is currently at a pivotal point. If the JPY Banking Lending YOY and Japanese Current Account are positive, then it automatically means that a bearish trend will be triggered for the month of August.