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Thomson Reuters
Sep 13 - 11:00 PM
GBP/USD Quiet In Asia, GBP/JPY In Slow Grind Up
First appeared on eFXplus on Sep 13 - 09:25 PM

  • GBP/JPY in slow grind up, boosted by USD/JPY move up yesterday, into today
  • Cross yesterday 144.96 to 146.82, today 146.57 to 146.99, 147+ test soon?
  • Resistance above at 147.10-15, 147.13 high on August 1
  • Break possible if USD/JPY through 112.15, also high on August 1
  • Break suggest move initially to 147.50 area, 147.59 high July 19
  • Recent GBP/JPY trend high 149.30 on July 16, descending 200-DMA 148.38 ahead

GBP/JPY: Click here

GBP/JPY weekly: Click here

Source:
Thomson Reuters IFR Markets

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