Pound Gains Against Yen

GBP/JPY cross turns positive for fourth day The British Pound has remained strong against the Japanese Yen, with the GBP/JPY cross turning positive for the fourth straight day. The cross had dipped to the 214.35-214.30 region on Thursday before drawing support from

GBP/JPY cross turns positive for fourth day

The British Pound has remained strong against the Japanese Yen, with the GBP/JPY cross turning positive for the fourth straight day.

The cross had dipped to the 214.35-214.30 region on Thursday before drawing support from a combination of factors.

Mideast risks have countered intervention fears, contributing to the Pound’s gains against the Yen.

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