Jul 8, 2025
GBP/JPY strengthens above 199.00 on renewed Japan tariff uncertainty
The GBP/JPY cross gains momentum to near 199.20 during the early European session on Tuesday. The Japanese Yen (JPY) softens against the Pound Sterling (GBP) on trade woes after US President Donald Trump reiterated that he plans to impose 25% tariffs on goods from Japan.
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