A quick look at Friday: Pound-Yen dipped as low as 165.5 before recovering some lost ground. However, the rebound failed to push the stock to where it started the session (167) with GBP/JPY closing the day at 166.89.
Though Pound-Yen has been dropping, other pairs have been performing better: GBP/NZD went up by 0.73% Friday, and closed at 2.0269. EUR/NZD went up by 0.85% Friday, and closed at 1.7902. EUR/CAD soars 0.68% Friday and closed at 1.4779.
The currency pair has been trending positively for about 2 months. Pound-Yen is now trading 15.47% away from its significant low of 144.6 first tested 6 months ago.