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June 12, 2025

GBP/JPY Continues to Decline Below 195.00 After Disappointing UK GDP Data

The Pound has accelerated its decline against the Japanese Yen, approaching the lower limits of last week’s trading range at 194.70. This downturn follows disappointing UK GDP and manufacturing production figures, indicating a 0.3% shrink in GDPโ€”a troubling performance since October 2023.

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