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GBP/JPY Price Forecast: Six-month lows at the 209.20 area under pressure

The British Pound (GBP) has resumed its bearish trend against a stronger Japanese Yen (JPY) on Monday, as comments from Japanese officials hinting at a steeper Bank of Japan (BoJ) monetary tightening cycle have provided a fresh boost to the Yen.

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GBP/JPY Price Forecast: Six-month lows at the 209.20 area under pressure