GBP/JPY Price Forecast: Sterling set for weekly gains amid broad Yen weakness

  • The British Pound (GBP) trades modestly stronger against the Japanese Yen (JPY) on Friday, as the Yen remains broadly pressured amid a fresh wave of trade-related uncertainty. Earlier this week, US President Donald Trump announced sweeping 25% tariffs on all Japanese imports, set to take effect from August 1.