• GBP/JPY

GBP/JPY Subdued Despite Upbeat UK Retail Sales Data

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• 9 min read

GBP/JPY softened near 194.94 as sterling found support following the United Kingdom’s Q4 Gross Domestic Product (GDP) and Retail Sales data. In Q4, UK GDP increased by 0.1% from the previous quarter, meeting expectations. Annually, GDP grew by 1.5%, exceeding the anticipated 1.4% rise. Additionally, UK Retail Sales jumped by 1.0% month-over-month in February, surprising […]