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fxJul 7, 2026, 9:31 PM

GBP/JPY Reverses from 217.00, Trades at 216.50

GBP/JPY reversed course on Tuesday, losing 0.24% as the Japanese Yen recovered against most G8 currencies except the US Dollar. The pair traded at 216.51 after reaching a multi-year high near 217.00.

GBPJPY

GBP/JPY reversed its upward trajectory on Tuesday, falling 0.24% as the Japanese Yen regained strength against most major currencies, though it remained weaker against the US Dollar.

The pair slipped from a multi-year high around 217.00 and was last seen trading at 216.51. The move lower suggests profit-taking after the recent rally, with the Yen recovery putting pressure on the cross.

Source: FXStreet Forex News