Bullish currency pair Pound-Yen runs out of steam at 182.81; currently at 182.7

After dipping down to 179.92, GBP/JPY regains earlier losses and reaches 182.7.

Meanwhile, United Kingdom Manufacturing PMI released today at 08:30 UTC with a figure of 46.2, while the previous figure was 47.1. United Kingdom BoE Interest Rate Decision (Jun) came out at five, while a consensus of analysts was expecting 4.75. United Kingdom Services PMI came out at 53.7, while a consensus of analysts was expecting 54.8.

A look at other currencies also shows bullish price action as USD/SGD is up 0.6%.

While Pound-Yen is up today, these currencies are lagging behind: AUD/USD falls 1.22% to trade around 0.6678. EUR/USD is down 68 pips from the beginning of the session and now trades around 1.0891.

Furthermore, the market is looking at Japan CFTC JPY speculative net positions scheduled to come out today at 20:30 UTC. United Kingdom CFTC GBP speculative net positions is scheduled for today at 20:30 UTC.

The currency pair has been trending positively for about a month. Pound-Yen now trading 12.34% above its 3-month low of 144.6.