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January 22, 2025

GBPJPY Climbs Near 192.00 Despite BoE Sentiment

The GBPJPY maintains its positive trajectory for the fourth consecutive day, trading near the 192.00 mark during European hours on Wednesday. However, despite this upward movement, the Pound remains under pressure due to the recent labor market data from the UK. Analysts caution that this trend could face challenges but remain optimistic about the potential for continued gains. Traders should remain alert to any economic indicators that could impact the GBPJPY dynamics.

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