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Noticias de trading
17 Apr 2015
GBP/JPY rises to session high
FXStreet (Mumbai) - The British Pound was bid higher on the upbeat UK employment report, pushing the GBP/JPY to the session high of 178.70.
GBP/JPY: Fifth consecutive session of gains
The pair is now enjoying gains for the fifth consecutive session on the back of a drop in the UK unemployment rate to 6.5% in March. UK claimant count in March fell to 772,400 - lowest since May 1975. The average weekly earnings excluding bonus in three months to February rose 1.8% year-on-year, beating the expectation of a 1.7% rise.
The pair is now up more than 100 pips from the session low of 117.43. Ahead in the day, the US CPI report could influence the pair.
GBP/JPY Technical Levels
The immediate resistance is located at 179.00, above which gains could be extended to 179.69 (200-DMA). On the flip side, a break below 178.00 could drive the pair lower to 177.43.
GBP/JPY: Fifth consecutive session of gains
The pair is now enjoying gains for the fifth consecutive session on the back of a drop in the UK unemployment rate to 6.5% in March. UK claimant count in March fell to 772,400 - lowest since May 1975. The average weekly earnings excluding bonus in three months to February rose 1.8% year-on-year, beating the expectation of a 1.7% rise.
The pair is now up more than 100 pips from the session low of 117.43. Ahead in the day, the US CPI report could influence the pair.
GBP/JPY Technical Levels
The immediate resistance is located at 179.00, above which gains could be extended to 179.69 (200-DMA). On the flip side, a break below 178.00 could drive the pair lower to 177.43.