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March 17, 2023GBP/JPY is down to 161.73, after ending yesterday at 161.75. Overall, a 0.01% loss or 1 pips today.
In the meantime, negative performances are seen in other pairs, USD/SGD is down 45 pips from the beginning of the session and now trades around 1.3411.
Though Pound-Yen has been dropping, other pairs have been performing better: NZD/USD gained 0.91% and is currently trading at 0.6251. AUD/USD is up 0.84% to 0.6714.
Furthermore, Japan CFTC JPY speculative net positions scheduled to come out today at 20:30 UTC. United Kingdom CFTC GBP speculative net positions will be released today at 20:30 UTC.
The currency pair has been trending positively for about a month. As things stand, Pound-Yen is 11.86% away from a significant low of 144.6 first set 5 months ago.
