GBP/JPYGBPJPY

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GBP/JPY · GBPJPYNeutral

GBP/JPY remains near 215.00 as intervention risks support Yen.

Over the past 24 hours, GBP/JPY has remained relatively stable around the 215.00 level. This stability is influenced by Japanese authorities' intervention risks, which have provided support to the Yen. Additionally, the wide interest rate differential between Japan and the UK continues to cap any significant appreciation of the Yen.

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