GBP/JPY rallied to 172.5 for the first time in 7 years (gaining 32 pips). It later dropped, erased Friday’s gains and closed at 171.65.
Pound-Yen's value drop coincided with the fact that USD/CHF drops 0.68% Friday and closed at 0.9052. After ending Friday's session at 1.7293, EUR/NZD lost 122 pips and is trading around 1.7171. GBP/NZD lost 0.59% Friday and closed at 1.9912.
As things stand, Pound-Yen is 18.93% away from a significant low of 144.6 first set 7 months ago.