GBP/JPY Gains Momentum, Hovers Around 191.50 Post UK Employment Data
GBP/JPY has turned the tide, halting its three-day losing streak as it trades around 191.50 during the early European hours on Tuesday. Fresh demand emerges following the release of employment data from the United Kingdom (UK). The reaction to this data indicates an evolving market sentiment, emphasizing the importance of economic indicators in currency trading. Traders should watch for further data releases impacting GBP/JPY’s trajectory.
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