GBP/JPY gains a lift after UK consumer price data and fall in safe-haven flows – FXStreet

The GBP/JPY pair received a boost following the release of UK consumer price data and a decrease in safe-haven flows. This led to an increase in the value of the pound against the Japanese yen. The positive data from the UK contributed to the rise in the pair’s value. Overall, the market saw a shift in sentiment, resulting in a stronger performance for the GBP/JPY pair.