Investing.com - The British Pound was lower against the Japanese Yen on Friday after the release of Japanese data on Retail Sales.
GBP/JPY was trading at 133.14, down 0.15% at time of writing.
The pair was likely to find support at 131.28, Monday’s low, and resistance at 133.80, Thursday’s high.
Earlier in the day, official data showed that Japanese retail sales fell less-than-expected to a seasonally adjusted annual rate of -4.8% last month from -8.3% in the preceding month whose figure was revised up from -8.5%.
Analysts had expected retail sales to fall at annual rate of -6.2% last month.
Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.10% to hit 1.6390 and EUR/GBP rising 0.12% to hit 0.8632.
GBP/JPY was trading at 133.14, down 0.15% at time of writing.
The pair was likely to find support at 131.28, Monday’s low, and resistance at 133.80, Thursday’s high.
Earlier in the day, official data showed that Japanese retail sales fell less-than-expected to a seasonally adjusted annual rate of -4.8% last month from -8.3% in the preceding month whose figure was revised up from -8.5%.
Analysts had expected retail sales to fall at annual rate of -6.2% last month.
Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.10% to hit 1.6390 and EUR/GBP rising 0.12% to hit 0.8632.