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March 03, 2023After closing the previous trading day at 163.24, GBP/JPY is up to 163.41, which makes for a move of 0.1%/16 pips today.
At the same time, Japan Jobs/applications ratio (Jan) released yesterday at 23:30 UTC with a figure of 1.35, while the previous figure was 1.35. Japan Tokyo Core CPI (YoY) (Feb) came out at 3.3, while a consensus of analysts was expecting 3.3. Japan CPI Tokyo Ex Food and Energy (MoM) (Feb) released yesterday at 23:30 UTC with a figure of 0.3, while the previous figure was 0.1.
Other currencies are showing mixed performance as GBP/USD trades with no major change, around 1.1951.
Furthermore, the market is looking at United Kingdom Composite PMI figure is projected at 53. It previously stood at 48.5; data will be released today at 09:30 UTC. Japan Services PMI figure is projected at 53.6. It previously stood at 52.3; data will be released today at 00:30 UTC. United Kingdom CFTC GBP speculative net positions is expected today at 20:30 UTC.
As things stand, Pound-Yen is 12.89% away from a significant low of 144.6 first set 4 months ago.
