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April 27, 2023Slightly weaker but mostly flat: GBP/JPY is currently trading at 166.55 as it maintains an active range between 165.62 and 167.
Meanwhile, United Kingdom Labour Productivity (Q4) released yesterday at 08:30 UTC with a figure of 0.4, while the previous figure was -0.2.
In the meantime, negative performances are seen in other pairs, after ending yesterday's session at 2.0367, GBP/NZD lost 29 pips and is trading around 2.0338. After ending yesterday's session at 1.8041, EUR/NZD lost 28 pips and is trading around 1.8012.
Positive performances can be seen by looking at other currencies as NZD/USD is up 0.22%.
Furthermore, Japan BoJ Monetary Policy Statement is scheduled for tomorrow at 03:00 UTC. Japan BoJ Outlook Report (YoY) will be released tomorrow at 03:00 UTC. Japan BoJ Press Conference is scheduled tomorrow at 05:00 UTC.
The currency pair has been trending positively for about 2 months. As things stand, Pound-Yen is 15.18% away from a significant low of 144.6 first set 6 months ago.
