A British slang expression of one's happiness and/or approval. Originated from TV show 'Only Fools and Horses', where it was frequently uttered by Cockney geezer Del Boy.
"LOVELY Jubbly" was frequently said by Del-Boy in the TV comedy series “Only Fools & Horses”. It was a typical Del-Boy MIS-QUOTE from the 1950s singing TV commercial (which he would have supposedly seen) advertising Jubbly orange drink as, "L-U-B-B-L-Y J-U-B-B-L-Y ! Lubbly Jubbly orange drink." Jubblys were later (c.1960) sold frozen in the same tetrahedron (triangular) shaped pack.
Rodney : "I managed to sell those rubbish watches for 50 quid a time."
Del-Boy : "Lovely Jubbly" - mis-quoted from Lubbly Jubbly
Lubly is cultural lingo used by Aboriginal and Torres Strait Islanders. This term is often used to express something is a positive and good way, it is generally used as a substitute for words such as ‘hot’ ‘sexy’ and ‘nice’. It can also been used to describe delicious food.
"Dam you are looking Lubly in that outfit"
or
"That feed was proper Lubly aye"