GBP/JPY maintains position above 196.00 after recovering losses – FXStreet

GBP/JPY continues to hold steady above the 196.00 level after bouncing back from earlier losses. The currency pair has managed to maintain its position despite facing some challenges in the market. Traders are closely watching the movements of GBP/JPY as it remains above the key support level. The pair’s resilience is evident as it recovers from recent setbacks and stays above the 196.00 mark. Investors are keeping a close eye on developments in the market to see how GBP/JPY will perform in the coming days.