GBPJPY Pound Sterling vs Japanese Yen

192.1115

0.1865 (0.10%)

Last Updated: 02:03:17

Delayed by 15 minutes

Name	Symbol	Market	Type
Pound Sterling vs Japanese Yen	FX:GBPJPY	Forex	Exchange Rate

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.1865	0.10%	192.1115	192.099	192.124	192.39	191.7585	192.039	0	02:03:17

Pound Falls As U.K. Manufacturing Growth Slows

01/05/2015 10:25am

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The British pound weakened against the other major currencies in the European session on Friday, after data showed that the British manufacturing sector growth eased unexpectedly in April.

Data from Markit Economics showed that U.K. Purchasing Mangers' Index, or PMI, fell to 51.9 in April from 54.0 in March, which was revised down from 54.4. Economists had expected the index to rise to 54.6.

The pound fell to more than a 3-week low of 0.7361 against the euro, a 10-day low of 1.4234 against the Swiss franc and a 3-day low of 1.5283 against the U.S. dollar from early highs of 0.7299, 1.4358 and 1.5396, respectively.

Pulling away from an early near a 2-month high of 184.46 against the yen, the pound edged down to 183.09.

If the pound extends its downtrend, it is likely to find support around 0.75 against the euro, 1.40 against the franc, 1.48 against the greenback and 180.10 against the yen.