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July 2, 2025

GBP/JPY Slips Near 197.50, Bullish Momentum Remains Strong

The GBP/JPY currency pair is gathering momentum as it approaches 197.50 during the early European session. The Japanese Yen softens against the Pound as U.S. President Donald Trump raises uncertainty about a U.S.-Japan trade deal. Traders should continue to monitor these developments closely, as political factors can significantly influence currency pairs. A bullish outlook for GBP/JPY seems intact, making it a key pair to watch in the coming days.

![GBP/JPY Price Forecast](https://images.financialmodelingprep.com/news/gbpjpy-price-forecast-gains-momentum-to-near-19750-bullish-20250702.jpg)

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