GBP/JPY refreshes yearly high near 200.00 on Japanese Yen's continued underperformance

  • The GBP/JPY pair extends its winning streak for the third trading day on Wednesday. The cross posts a fresh yearly high near 199.85 as the Japanese Yen (JPY) continues to underperform its peers, while United States (US) President Donald Trump imposes 25% tariffs on imports from Japan for failing to close a deal during the 90-day tariff pause.