GBP/JPY Rises To New 16-Year High After Pound Sterling Rallies On Strong GDP Data
July 11, 2024 at 10:15 AM EDT
GBP/JPY rallies to a new high above 208 after the release of better-than-expected UK GDP data supports GBP. The data could lead the BoE to take a more cautious approach to cutting interest rates, supporting GBP.
