British Pound remains under pressure against Japanese Yen amid risk aversion

FXStreet · Vishal Chaturvedi · 2026-11-06 13:35 UTC

GBP/JPY trades with a mild bearish bias on Friday as investors favour the safe-haven Japanese Yen (JPY) over the British Pound (GBP) amid a deepening AI-led stock-market rout.

GBP/JPY trades lower as the AI-led equity rout drives demand for the Japanese Yen.Falling JGB yields widen Japan's yield disadvantage, keeping Yen gains in check.Both the BoE and BoJ maintain hawkish policy outlooks amid persistent inflation risks.GBP/JPY trades with a mild bearish bias on Friday as investors favour the safe-haven Japanese Yen (JPY) over the British Pound (GBP) amid a deepening AI-led stock-market rout. However, the risk-off mood also boosts demand for Japanese government bonds, pushing yields lower and keeping the Yen’s gains in check.At the time of writing, GBP/JPY trades around 212 after hitting an intraday low of 211.36.

Japanese Yen Price Today

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the New Zealand Dollar.

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