British Pound rebounds against Japanese Yen as UK growth beats expectations
GBP/JPY rebounds sharply on Wednesday as the British Pound (GBP) strengthens across the board following an upward revision to UK economic growth. At the time of writing, the cross trades around 208.65 after recovering from 206.89 earlier in Asian trading hours, the lowest since December 2025.
The British Pound (GBP) made a sharp recovery against the Japanese Yen (JPY) on Wednesday, as the UK's economic growth exceeded expectations. The GBP/JPY pair surged from 206.89 earlier in Asian trading hours to around 208.65 at the time of writing, the lowest level since December 2025. However, further upside may be limited due to warnings of potential Japanese interventions, which kept the Yen's losses in check.
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