GBP/JPY has been trading higher recently, as Pound Sterling has been outperforming. This is due to a string of positive data releases. The pound has been gaining strength against the Japanese yen in the foreign exchange market.
The positive data releases have boosted confidence in the UK economy, leading to increased demand for the pound. This has caused GBP/JPY to climb higher in recent trading sessions.
Investors are optimistic about the future of the UK economy, as data continues to show signs of improvement. This has led to a bullish sentiment towards the pound, driving GBP/JPY higher.
Overall, the recent run of positive data releases has been beneficial for Pound Sterling, leading to its outperformance against the Japanese yen in the forex market.