DailyBubble News
DailyBubble News

GBP/JPY drops to near 192.00 due to increasing risk aversion – FXStreet

The GBP/JPY pair has fallen to around 192.00 as risk aversion grows. This drop in value is due to increasing concerns about potential risks in the market. Investors are becoming more cautious, leading to a decrease in demand for riskier assets like the GBP/JPY pair. As a result, the pair has retreated to near the 192.00 level. The current market sentiment is driving this movement, with traders opting for safer assets in light of the uncertain economic conditions.

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