GBP/JPY Price Forecast: Rebounds From Four-Month Low Of 188.00
February 07, 2025 at 09:00 AM EST
GBP/JPY recovers strongly to near 189.50 as investors digest BoE’s dovish policy outlook. The BoE halved UK GDP growth for the year to 0.75%. BoJ Tamura sees interest rates rising to at least 1% by April 2026.