Weak sentiment sees Pound-Yen posting 0.91% loss

GBP/JPY is down to 159.26, after ending yesterday at 160.72. Overall, a 0.91% loss or 145 pips today.

Furthermore, Japan CFTC JPY speculative net positions will be released tomorrow at 20:30 UTC. Japan Tertiary Industry Activity Index (MoM) is expected tomorrow at 04:30 UTC. United Kingdom CFTC GBP speculative net positions scheduled to come out tomorrow at 20:30 UTC.

The currency pair has been trending positively for about a month. After setting a supportive marker at 144.6 around 5 months ago, Pound-Yen is now trading 11.14% above this level.