Forexpros – The British Pound was lower against the Japanese Yen on Tuesday after the release of U.K. data on Nationwide Consumer Confidence.
GBP/JPY was trading at 120.23, down 0.06% at time of writing.
The pair was likely to find support at 119.48, Monday’s low, and resistance at 122.23, Thursday’s high.
Earlier in the day, industry data showed that The U.K.’s Nationwide consumer confidence index fell to a seasonally adjusted 48 last month from 49 in the preceding month.
Analysts had expected Nationwide consumer confidence to fall to 48 last month.
Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.02% to hit 1.5732 and EUR/GBP falling 0.05% to hit 0.8704.
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