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Posted by
Two Blokes Wed at 8:45 PM -
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Forex
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The British Pound (GBP) extends its decline for the second consecutive day against the Japanese Yen (JPY) on Wednesday, as cautious sentiment dominates the market ahead of the Bank of England's (BoE) key interest rate verdict due on Thursday. The safe-haven Yen finds modest support amid subdued risk appetite, while British Pound traders remain hesitant to place aggressive bets until the BoE's policy direction becomes clearer.
