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November 12, 2024

GBP/JPY slides to 197.00 mark ahead of UK employment details

The GBP/JPY cross meets with a fresh supply following an Asian session uptick to levels just above the 198.00 mark and reverses a major part of the previous day’s move up. Spot prices currently trade around the 197.00ย mark, down over 0.35% for the day, as traders now look forward to the UK monthly employment details for a fresh impetus.

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