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June 23, 2023GBP/JPY is down to 182.29, after ending yesterday at 182.31. Overall, a 0.01% loss or 1 pips today.
United Kingdom Manufacturing PMI is next today at 08:30 UTC.
Meanwhile, United Kingdom BoE Interest Rate Decision (Jun) released yesterday at 11:00 UTC with a figure of five, while the previous figure was 4.5. Japan National Core CPI (YoY) (May) came out at 3.2, while a consensus of analysts was expecting 3.1. Fresh BoE MPC vote hike (Jun) data from United Kingdom came out at seven.
In the meantime, negative performances are seen in other pairs, after ending yesterday's session at 2.0621, GBP/NZD lost 24 pips and is trading around 2.0596.
Though Pound-Yen has been dropping, other pairs have been performing better: NZD/USD moves up 0.11% to trade around 0.6187.
In the meantime, USD/CHF trades with no major change, around 0.8955.
Furthermore, United Kingdom Manufacturing PMI figure is projected at 46.8. It previously stood at 47.1; data will be released today at 08:30 UTC. Today at 06:00 UTC data for United Kingdom Retail Sales will be released, with an expected decline to -0.2% from the preceding figure of 0.5%. United Kingdom Core Retail Sales projected to come out at -0.3% — worse than previous data of 0.8%; data will be released today at 06:00 UTC.
The currency pair has been trending positively for about a month. The past 3 months have been positive for Pound-Yen as it added 12.34% compared to its 3-month low of 144.6.
