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April 26, 2023Currently trading at 166.34, GBP/JPY remains range-bound between 165.4 and 167.96.
Meanwhile, United Kingdom CBI Industrial Trends Orders (Apr) released yesterday at 10:00 UTC with a figure of -20, while the previous figure was -20.
Elsewhere, other currency pairs are also gaining ground as EUR/AUD rises 0.62% to trade around 1.6656. EUR/USD is up 0.42%.
Meanwhile, USD/SGD closed at 1.3353 (down 0.25%).
Also worthy of note, tomorrow at 23:50 UTC data for Japan Industrial Production will be released, with an expected decline to 0.5% from the preceding figure of 4.6%. United Kingdom Labour Productivity (Q4) scheduled to come out today at 08:30 UTC. As things stand, upcoming Japan Retail Sales data is projected to fall short of market expectations with newly published data of 5.8%, following on from the preceding figure of 7.3%. New data is set to be published tomorrow at 23:50 UTC.
The currency pair has been trending positively for about 2 months. After setting a supportive marker at 144.6 around 6 months ago, Pound-Yen is now trading 14.77% higher.
