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April 09, 2023A quick look at Friday: with a daily low of 163.46, GBP/JPY closed Friday at 164.1, after ending Thursday at 163.8 and gaining 29 pips (0.18%).
A look at other currencies also shows bullish price action as USD/JPY improves 0.35% Friday and closed at 131.69. EUR/JPY went up by 0.22% Friday, and closed at 144.07.
Meanwhile, after ending Friday's session at 1.9917, GBP/NZD lost 53 pips and is trading around 1.9863.
Also worthy of note, Japan Adjusted Current Account (Feb) is scheduled for today at 23:50 UTC. Japan Current Account n.s.a. (Feb) will be released today at 23:50 UTC. United Kingdom BRC Retail Sales Monitor (YoY) (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 13.27% away from a significant low of 144.6 first set 5 months ago.
