The GBP/JPY currency cross faces selling pressure around the 188.80 level this morning. The Pound Sterling (GBP) has weakened against the Japanese Yen (JPY) in response to a recent UK Consumer Price Index (CPI) inflation report. This bearish sentiment suggests that the pair could struggle to regain any significant upward momentum.

Traders should factor in the inflation reports and analyze their potential effects on future trading strategies to navigate the evolving forex landscape effectively.