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February 27, 2023
GBP/JPY slides down from 163 to 162.69 today, losing 30 pips (0.19%).
In the meantime, negative performances are also seen in other pairs as EUR/JPY goes down 0.19% to trade around 143.63. USD/JPY slips 0.2% to trade around 136.13.
Though Pound-Yen has been dropping, other pairs have been performing better: GBP/NZD is up 0.19%.
Furthermore, today at 23:50 UTC data for Japan Industrial Production will be released, with an expected decline to -2.6% from the preceding figure of 0.3%. Japan Retail Sales is projected to outperform its last figure with 4%, having previously been at 3.8%. The figure will be published today at 23:50 UTC. United Kingdom BoE MPC Member Broadbent speech is scheduled today at 09:00 UTC.
Pound-Yen is now trading 12.72% away from its significant low of 144.6 first tested 4 months ago.
