| 
February 22, 2023
GBP/JPY is grinding lower from 163.34 to 162.87, shedding 46 pips (0.29%) today.
Meanwhile, United Kingdom Composite PMI released yesterday at 09:30 UTC with a figure of 53, while the previous figure was 48.5. United Kingdom Manufacturing PMI came out at 49.2, while a consensus of analysts was expecting 47.5. United Kingdom CBI Industrial Trends Orders released yesterday at 11:00 UTC with a figure of -16, while the previous figure was -17.
In the meantime, negative performances are also seen in other pairs as EUR/JPY is down to 143.2, losing 46 pips, after closing at 143.67 in the preceding trading session. After ending yesterday's session at 1.9472, GBP/NZD lost 58 pips and is trading around 1.9414. EUR/NZD closed at 1.7067 (down 0.36%).
Furthermore, Japan National Core CPI (YoY) (Jan) is expected tomorrow at 23:30 UTC. United Kingdom BoE MPC Member Mann will be released tomorrow at 09:30 UTC. United Kingdom BoE MPC Member Cunliffe speech is scheduled tomorrow at 10:45 UTC.
Having established significant support at 144.6 approximately 4 months ago, Pound-Yen's share price has bounced 12.95% higher.
