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Trading news
24 Apr 2015
GBP/JPY climbs to fresh 1-month highs
FXStreet (Córdoba) - The pound is rising across the board on Friday and against the yen hit levels last seen early in March. The GBP/JPY pair broke above 180.50 and climbed to 181.00.
The area around 181.00 capped the upside and the pair pulled back modestly. At the moment of trading, ahead of the release of US economic data trades at 180.70, up 0.35% for the day.
Big weekly gains for GBP/JPY
The pair is about to have the best weekly performance since February boosted by the pound and the rally of GBP/USD.
GBP/JPY broke on Wednesday a key resistance level around 179.30 (previous April highs) and then 180.20/30. The pair is now approaching the next relevant resistance area located around 181.45 (Mar 5, 6 low).
The area around 181.00 capped the upside and the pair pulled back modestly. At the moment of trading, ahead of the release of US economic data trades at 180.70, up 0.35% for the day.
Big weekly gains for GBP/JPY
The pair is about to have the best weekly performance since February boosted by the pound and the rally of GBP/USD.
GBP/JPY broke on Wednesday a key resistance level around 179.30 (previous April highs) and then 180.20/30. The pair is now approaching the next relevant resistance area located around 181.45 (Mar 5, 6 low).