British Pound Bids Up Against Yen After UK Q2 GDP
Sterling drew bids versus the Japanese yen in European trading after preliminary UK Q2 GDP data pointed to a strong quarter.
GBPJPY
The British pound attracted buying interest against the Japanese yen during Wednesday's European trading session.
Sentiment shifted after the preliminary UK Q2 GDP release, which was described as strong. The data gave sterling a slight lift versus the yen.
No exact growth figures were included in the report, but the implied short-term direction is positive for GBP/JPY.
Source: FXStreet Forex News