Tentatively higher from an earlier low of 166.02, GBP/JPY is up to 167.74 today, adding 131 pips, or 0.79%, to Friday's closing price of 166.43.
At the same time, United Kingdom Mortgage Rate (GBP) (Oct) released today at 10:00 UTC with a figure of 5.42, while the previous figure was 5.1. United Kingdom House Price Index came out at -0.4%, while a consensus of analysts was expecting -0.4%. United Kingdom House Price Index released today at 07:00 UTC with a figure of 8.3%, while the previous figure was 9.8%.
A look at other currencies also shows bullish price action as having closed the previous session at 1.1313, GBP/USD is up 1.13% today to currently trade at around 1.1441.
At the same time, after ending Friday's session at 0.9987, USD/CHF lost 93 pips and is trading around 0.9894. After ending Friday's session at 1.4112, USD/SGD lost 69 pips and is trading around 1.4042.
The market is looking forward to the release of new data: Japan Current Account n.s.a. (Sep) is scheduled for tomorrow at 23:50 UTC. Japan Household Spending (MoM) (Sep) scheduled to come out today at 23:30 UTC. Japan Household Spending (YoY) (Sep) will be released today at 23:30 UTC.
Pound-Yen is now trading 15.09% away from its significant low of 144.6 first tested 29 days ago.