The GBP/JPY currency pair rebounded from its early losses, moving up to approximately 213.20 during the European trading session on Thursday. This recovery was primarily fueled by a rise in the Pound Sterling following the release of the UK's monthly Gross Domestic Product (GDP) data for November, which indicated a return to growth.
As traders reacted to the positive economic indicators, the exchange rate reflected increased confidence in the UK economy. This shift in sentiment has implications for broader market trends, particularly against other major currencies like the USD and EUR, as investors reassess the UK's economic outlook amid ongoing global uncertainties.
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Data Source: FX Killer Analysis Team Updated: 2026-01-15 08:57
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.