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May 08, 2023After dipping down to 168.64, GBP/JPY regains earlier losses and reaches 170.49.
Meanwhile, Japan Services PMI released today at 00:30 UTC with a figure of 55.4, while the previous figure was 55.
A look at other currencies also shows bullish price action as having closed the previous session at 0.6751, AUD/USD is up 0.33% today to currently trade at around 0.6774. Having closed the previous session at 148.56, EUR/JPY is up 0.15% today to currently trade at around 148.79. Having closed the previous session at 0.6297, NZD/USD is up 0.24% today to currently trade at around 0.6312.
Also worthy of note, Japan Household Spending (MoM) (Mar) is scheduled for today at 23:30 UTC. Japan Household Spending (YoY) (Mar) scheduled to come out today at 23:30 UTC. United Kingdom BRC Retail Sales Monitor (YoY) (Apr) is expected today at 23:01 UTC.
Pound-Yen is now trading 0.8% away from its significant high of 171.69 first tested 7 days ago.
