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fxAug 18, 2026, 6:16 AM

Sterling Slides Against Yen After UK Labour Market Data

GBP/JPY came under pressure after the UK released jobs figures for the three months to June, sending the pound lower against the yen.

GBPJPY

The British pound faced selling pressure against the Japanese yen after the UK published labour market data covering the three months to June.

The release weighed on GBP/JPY, with the pair moving lower as traders digested the employment report. The pound extended its weakness against the yen in the immediate reaction.

Source: FXStreet Forex News