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Prezzi
fxJun 11, 2026, 7:45 AM

GBP/JPY Extends Gains for Fourth Day Amid Mideast Risks

GBP/JPY rose for the fourth consecutive day, recovering from an intraday dip to the 214.35-214.30 region, as Middle East tensions overshadowed intervention fears.

GBPJPY

The British pound strengthened against the Japanese yen for the fourth straight session on Thursday, with the cross turning positive after an intraday dip to the 214.35-214.30 area.

Support came from ongoing Middle East geopolitical risks, which offset concerns over potential Japanese intervention. The pair continues to hold a firm footing despite the intervention overhang.

Source: FXStreet Forex News