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fxAug 11, 2026, 8:58 AM

GBP/JPY Holds Above 215.00 as Traders Await UK GDP Data

The pound is trading near a one-week high against the yen, supported above the 215.00 level ahead of a key UK growth report.

The British pound is trading near a one-week high against the Japanese yen, holding above the 215.00 threshold. The GBP/JPY cross recovered from a modest intraday dip to climb back above the psychological mark during the European morning.

The move comes as markets focus on the upcoming UK GDP release, which could influence sentiment around sterling. The yen remains broadly weak, helping the pair maintain its elevated levels.

Further direction is likely to be dictated by the strength of the UK economic data.

Source: FXStreet Forex News