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June 09, 2023While yesterday ended at 174.41, today, GBP/JPY rallied above 175.26 for the first time in 7 years and gained 69 pips — now trading at 175.1.
Other currencies are also rising as having closed the previous session at 0.6095, NZD/USD is up 0.56% today to currently trade at around 0.613.
While Pound-Yen is up today, these currencies are lagging behind: EUR/NZD falls 0.72% to trade around 1.7563. After ending yesterday's session at 2.06, GBP/NZD lost 86 pips and is trading around 2.0514.
Furthermore, the market is looking at United Kingdom CFTC GBP speculative net positions scheduled to come out today at 20:30 UTC. Japan CFTC JPY speculative net positions is scheduled for today at 20:30 UTC.
Pound-Yen now trading 7.41% above its 3-month low of 144.6.
