GBP/JPY goes up to 173.39, having dipped down to 171.67 earlier.
New United Kingdom Retail Sales improved upon the previous -1.2% figure while also exceeding analyst expectations with a reading of 0.5%.
On the flip side, highly important Retail Sales data from United Kingdom beat analyst expectations of 0.4% with a reading of 0.5%.
Meanwhile, data for United Kingdom Core Retail Sales published today at 06:00 UTC came out at 0.8%, beating projections of 0.3% and showing improvement over the preceding figure of -1.4%. Data for United Kingdom Core Retail Sales published today at 06:00 UTC came out at -2.6%, beating projections of -2.8% and showing improvement over the preceding figure of -4%.
Elsewhere, other currency pairs are also gaining ground as GBP/USD increases 0.43% to trade around 1.2374. GBP/NZD ascends 0.38% to trade around 2.0388. GBP/CAD is up 0.36% to 1.6861.
Elsewhere, United Kingdom CFTC GBP speculative net positions is expected today at 20:30 UTC. Japan CFTC JPY speculative net positions scheduled to come out today at 20:30 UTC.
Having established significant support at 144.6 approximately 7 months ago, Pound-Yen's share price has bounced 19.31% higher.