March 19, 2026

GBP/JPY declines as BoE hawkish hold fails to offset Yen strength

March 19, 2026

GBP/JPY declines as BoE hawkish hold fails to offset Yen strength

GBP/JPY trades with a downside bias on Thursday as the Japanese Yen (JPY) strengthens broadly following the Bank of Japan’s (BoJ) monetary policy decision, while the British Pound (GBP) struggles to gain ground against the Yen despite showing relative strength against other major currencies after th

GBP/JPY trades with a downside bias on Thursday as the Japanese Yen (JPY) strengthens broadly following the Bank of Japan’s (BoJ) monetary policy decision, while the British Pound (GBP) struggles to gain ground against the Yen despite showing relative strength against other major currencies after th

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