The British Pound (GBP) edges higher against the Japanese Yen (JPY) on Tuesday and extends gains for the third consecutive day, despite the mixed UK employment figures seen earlier on the day. The GBP/JPY pair is trading at 216.00 at the time of writing, with bulls focused on the July 31 high of 216.36.
UK data released earlier on Tuesday revealed that the ILO Unemployment Rate remained steady at 4.9% in the three months to June, against expectations of a slight decline to 4.8%. Employment growth slowed down, but the number of claimants fell unexpectedly, while wage inflation ticked up.
The Yen remains on the back foot after Japanese Gross…
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