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GBP/JPY hits highest level since 2008
On Friday the GBP/JPY pressed to set a new post 2008 high at 206.44. The drop back earlier today from that high and a later US close at 206.00 delivered a fall to a session low at 205.29. However, as the USD/JPY has now rebounded back above 161 at the same time as the GBP/USD remains elevated above 1.28, the GBP/JPY has now lifted above the high seen on Friday. The high set a moment ago was at 206.54 and that defines the highest level since the summer of 2008. The GBP/JPY is currently trading at 206.46
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