Australia Producer Price Index (YoY) up to 1.6% in 1Q from 1%

The GBP/JPY closed the session up 72 pips at 152.06. At point, the pair traded as high as 153.23, but was unable to maintain a bid at higher prices. The pair is currently edging higher during Asia trade, up 14 pips at 152.25. Economic data out of the UK will be limited to the Market Services PMI at 8:28 GMT. However, expect the action to really pick up when the US Jobs Data is released later in the day at 12:30GMT.