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December 10, 2024

GBPJPY Surges Past 193.00 Amid Rate Hike Uncertainty

GBPJPY climbs for the second session in a row, trading around 193.10 during European trading hours on Tuesday. This rise is primarily due to the weaker Japanese Yen (JPY). The uncertainty surrounding a potential rate hike from the Bank of Japan (BoJ) adds to the market dynamics. Investors should remain alert as trends shift. Both GBP and JPY will remain in focus for the upcoming sessions. What will be the next move?

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