GBP/JPY Rebounds Above 203.00 Amidst Yen Intervention Suspicions

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The GBP/JPY pair has shown resilience on Thursday, rebounding from recent lows and climbing back above the 203.00 level. While the pair attempted to reclaim 204.00, it fell short during the session. This recovery comes after suspected interventions by the Bank of Japan (BoJ) and Japan’s Ministry of Finance (MoF) aimed at strengthening the Yen. […]