20 Aug 2013
GBP/JPY climbing to highs
FXstreet.com (London) - GBP/JPY has climbed from 151.80 to breach 152.40 resistance this afternoon and printed a high of 153.14.
The pound is performing better today, having lost ground in a dollar friendly environment. Yen was a better performer overnight, and took USD/JPY from above 97.80 to test and dip below the 97.00 handle. Data wise, the latest FOMC minutes from the US will be released on Wednesday evening and could shed some light on September tapering.
GBP/JPY levels
The GBP/JPY 20 dma is 151.05, the 40 dma is 150.90 and the 200 dma is 145.75. RSI (9) reads 63.48. Supports are ascending from 150.65, 151.20, 151.75. Spot is currently 152.25 while resistances are 152.70, 153.60, 154.05, 154.20 and 154.65.
The pound is performing better today, having lost ground in a dollar friendly environment. Yen was a better performer overnight, and took USD/JPY from above 97.80 to test and dip below the 97.00 handle. Data wise, the latest FOMC minutes from the US will be released on Wednesday evening and could shed some light on September tapering.
GBP/JPY levels
The GBP/JPY 20 dma is 151.05, the 40 dma is 150.90 and the 200 dma is 145.75. RSI (9) reads 63.48. Supports are ascending from 150.65, 151.20, 151.75. Spot is currently 152.25 while resistances are 152.70, 153.60, 154.05, 154.20 and 154.65.