Pound Edges Lower Against Yen

GBP/JPY cross erodes previous day's gains The GBP/JPY cross declined during the Asian session on Tuesday, eroding a part of the previous day's strong gains to the 214.70 region. The cross had reached a fresh monthly peak but spot prices lack follow-through selling.

GBP/JPY cross erodes previous day’s gains

The GBP/JPY cross declined during the Asian session on Tuesday, eroding a part of the previous day’s strong gains to the 214.70 region.

The cross had reached a fresh monthly peak but spot prices lack follow-through selling.

The current trade is around the 214.35 area, down just over 0.10% for the day.

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