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5 Aug 2013
GBP/JPY remains in positive territory
FXstreet.com (London) - GBP/JPY is holding its ground on the 151.00 handle and currently prints 151.25.
GBP/JPY is performing and markets are wating to hear the BoE inflation report for an indication of what is to come next from Carney. The pair has had a good run from Thursday, climbing from below 148.40 and reaching above 151.50. Today has been reltivly light on the calendar with only UK Markit Services PMI (Jul) for Sterling that came in at 60.2 vs 57.2 consensus.
GBP/JPY levels
GBP/JPY is currently sidelined with 20 d ma is 151.20, 50 d ma is 151.20 and 200 dma is 144.50. The RSI (9) reads 51.02 while supports are ascending from 148.25, 149.10, 149.50, 150.10. Spot is currently 151.27. Resistance levels are coming in at 151.65 151.85 152.35 152.90.
GBP/JPY is performing and markets are wating to hear the BoE inflation report for an indication of what is to come next from Carney. The pair has had a good run from Thursday, climbing from below 148.40 and reaching above 151.50. Today has been reltivly light on the calendar with only UK Markit Services PMI (Jul) for Sterling that came in at 60.2 vs 57.2 consensus.
GBP/JPY levels
GBP/JPY is currently sidelined with 20 d ma is 151.20, 50 d ma is 151.20 and 200 dma is 144.50. The RSI (9) reads 51.02 while supports are ascending from 148.25, 149.10, 149.50, 150.10. Spot is currently 151.27. Resistance levels are coming in at 151.65 151.85 152.35 152.90.