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April 29, 2025

GBP/JPY Struggles Below 191.00 Despite Weak Japanese Yen

The GBP/JPY cross remains flat, trading just below the significant 191.00 mark, demonstrating minimal movement throughout the day. While the British Pound shows weak momentum, the Japanese Yen’s overall weakness provides some support. This situation suggests caution for bearish traders, as the current market dynamics can shift rapidly. Investors should closely observe upcoming economic indicators that may influence this currency pair’s performance.

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