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May 09, 2023GBP/JPY goes up to 170.66, having dipped down to 169.83 earlier.
At the same time, United Kingdom Mortgage Rate (GBP) (Apr) released today at 09:30 UTC with a figure of 7.41, while the previous figure was 7.22. United Kingdom House Price Index came out at 0.1%, while a consensus of analysts was expecting 1.7%. United Kingdom House Price Index came out at -0.3%, while a consensus of analysts was expecting 0.2%.
A look at other currencies also shows bullish price action as USD/SGD improves 0.23% to trade around 1.3276.
While Pound-Yen is up today, these currencies are lagging behind: EUR/USD is down to 1.0962, losing 45 pips, after closing at 1.1008 in the preceding trading session. EUR/GBP closed at 0.8686 (down 0.37%).
Furthermore, the market is looking at Japan Current Account n.s.a. (Mar) is expected tomorrow at 23:50 UTC. Japan Adjusted Current Account (Mar) will be released tomorrow at 23:50 UTC. United Kingdom RICS House Price Balance (Apr) scheduled to come out tomorrow at 23:01 UTC.
As things stand, Pound-Yen is 0.75% away from a significant high of 171.69, first set 8 days ago.
