Friday , 22 November 2024
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GBP/JPY rises to new 16-year high after Pound Sterling rallies on strong GDP data

GBP/JPY has reached a new 16-year high of 208.11 on Thursday, driven by an appreciating Pound Sterling (GBP) after the release of better-than-expected Gross Domestic Product (GDP) data for the United Kingdom, in May.

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