GBP/JPY jumps back above 193.00 on hotter UK CPI print, lacks follow-through amid stronger JPY

  • The GBP/JPY cross trims a part of its modest intraday losses following the release of hotter-than-expected UK consumer inflation figures, though it lacks follow-through buying. Spot prices currently trade around the 193.20 region, down over 0.15% for the day amid a broadly stronger Japanese Yen (JPY).