The pound surged on Tuesday, hovering around the highest level touched in 1 month versus the greenback after the released figures demonstrated acceleration in the British wages, that has been greatly anticipated by the BOE as it measures the pace of the interest rate hike.

GBP/USD edged up by 0.5% at $1.2261 buoyed by the tick up in the paying rates in UK that manifested an advance for the 3 consecutive months till November, as for employment it soared with a pace beyond projections.

USD/JPY traded flat 0.1% at 128.65, post touching the highest level in 8 months at 127.22 per dollar.

Elsewhere, options trade indicated that the market is poised for fast moves upon the wrap up of BOJ meeting tomorrow that ran for two days.

Projections are currently growing that BOJ could make further tweaks in its policy.

USD/CNY slumped by 0.6% at 6.7768 per dollar.