In a range-bound session favoring short positions, GBP/JPY remains constrained in a 166.11 to 167.49 range and is currently trading close to 166.58.
United Kingdom's Construction PMI new data released of 50.4 below its previous figure.
On the flip side, positive data for Pound-Yen released earlier when highly important Construction PMI data from United Kingdom beat analyst expectations of 52 with a reading of 50.4.
Meanwhile, United Kingdom Composite PMI came out at 48.2, while a consensus of analysts was expecting 48.3. United Kingdom Services PMI released yesterday at 09:30 UTC with a figure of 48.8, while the previous figure was 48.8.
Positive performances can be seen by looking at other currencies as USD/CAD surges 0.57% to trade around 1.3663. GBP/CAD is up 0.36%. EUR/CAD ascends 0.37% to trade around 1.4309.
Furthermore, Japan GDP figure is projected at -0.3. It previously stood at -0.3; data will be released tomorrow at 23:50 UTC. United Kingdom House Price Index figure is projected at -0.2%. It previously stood at -0.4%; data will be released tomorrow at 07:00 UTC. Japan Adjusted Current Account is expected tomorrow at 23:50 UTC.
As things stand, Pound-Yen is 15.26% away from a significant low of 144.6 first set a month ago.