GBP/JPY Price Forecast: Remains depressed near mid-195.00s ahead of UK monthly GDP

  • The GBP/JPY cross struggles to capitalize on the previous day's modest gains and attracts fresh sellers during the Asian session on Thursday, though it lacks follow-through. Spot prices remain confined in the weekly range and currently trade around the 195.55 area, down 0.20% for the day as traders now look forward to the UK monthly GDP print for some meaningful impetus.