The British Pound traded slightly lower against the Japanese Yen, hovering around 209.25 during late Asian trading on Tuesday, according to FX Street.
Market attention remains on the Bank of England as BoE’s Greene has expressed support for swift interest rate increases, a stance that could influence future currency movements.
For Japanese investors, movements in GBP/JPY are closely watched given their impact on cross-border trade and investment flows between the UK and Japan.