Pound-Yen gains positive traction for a 4th successive day

Pound-Yen trades at 166.02 after gaining 69 pips (0.42%).

At the same time, United Kingdom Mortgage Rate (GBP) (Mar) released today at 09:30 UTC with a figure of 7.22, while the previous figure was 7.02. United Kingdom BRC Retail Sales Monitor (YoY) (Mar) came out at 4.9, while a consensus of analysts was expecting 4.2.

Other currencies are also rising as GBP/NZD is up 0.84% to 2.0062. EUR/NZD is up 0.99%.

While Pound-Yen is up today, these currencies are lagging behind: after ending yesterday's session at 0.9091, USD/CHF lost 58 pips and is trading around 0.9033.

Also worthy of note, United Kingdom BoE Gov Bailey speech will be released tomorrow at 13:00 UTC. United Kingdom RICS House Price Balance (Mar) scheduled to come out tomorrow at 23:01 UTC.

The currency pair has been trending positively for about 2 months. As things stand, Pound-Yen is 14.33% away from a significant low of 144.6 first set 6 months ago.