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fxAug 18, 2026, 7:50 AM

GBP/JPY Steadies Below 216.35 Resistance as Pound Extends Gains

The British pound edged higher against the Japanese yen for a third straight session, holding below the 216.35 resistance area despite mixed UK labor market data.

GBPJPY

The British pound extended its run of gains against the Japanese yen on Tuesday, trading below the 216.35 resistance level that has capped the pair.

Sterling advanced for a third consecutive day even after UK employment figures came in mixed, suggesting the labor market gave traders no clear reason to reverse the move.

The pair’s price action leaves 216.35 as the nearby technical hurdle to watch.

Source: FXStreet Forex News