A slow down? After three days of going up, Pound-Yen is flat today, hovering around 164.55.

GBP/JPY is up to 164.55 today after closing yesterday at 164.53. Overall, a 0.01% move or 1 pips today.

United Kingdom Composite PMI is next today at 08:30 UTC.

Meanwhile, Japan Services PMI released today at 00:30 UTC with a figure of 55, while the previous figure was 54.2. Japan 10-Year JGB Auction released yesterday at 03:35 UTC with a figure of 0.456, while the previous figure was 0.5.

Elsewhere, other currency pairs are also gaining ground as NZD/USD is up 0.75%.

Meanwhile, GBP/NZD is down to 1.9649, losing 154 pips, after closing at 1.9803 in the preceding trading session. EUR/NZD is trading around 1.7233 (down 121 pips).

Positive indicators for Pound-Yen are expected going forward as United Kingdom Construction PMI projected to decline to 53.5 while previous data was 54.6; data will be released tomorrow at 08:30 UTC.

Furthermore, the market is looking at United Kingdom Composite PMI is expected today at 08:30 UTC. United Kingdom Services PMI figure is projected at 52.8. It previously stood at 52.8; data will be released today at 08:30 UTC.

The currency pair has been trending positively for about 2 months. After setting a supportive marker at 144.6 around 5 months ago, Pound-Yen is now trading 13.78% above this level.