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July 02, 2023Friday at a glance: with a daily low of 182.19, GBP/JPY closed Friday at 183.27, after ending Thursday at 182.51 and gaining 76 pips (0.42%).
A look at other currencies also shows bullish price action as NZD/USD is trading around 0.6138 after ending Friday's session at 0.6069 (up 1.14% today). GBP/USD leaps up 0.69% Friday and closed at 1.261.
At the same time, EUR/NZD lost 0.68% Friday and closed at 1.79.
Furthermore, the market is looking at United Kingdom Manufacturing PMI is expected tomorrow at 08:30 UTC. Japan Tankan Large Manufacturers Index (Q2) scheduled to come out today at 23:50 UTC. Japan Tankan Big Manufacturing Outlook Index (Q2) will be released today at 23:50 UTC.
The currency pair has been trending positively for about a month. Having set a peak of 183.58 around 5 days ago, Pound-Yen is now trading 0.59% below this level.
