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12 Sep 2013
GBP/JPY looking towards 156.60 support
FXstreet.com (London) - GBP/JPY is on the offer and extending yesterdays losses towards 156.60 support.
GBP/JPY fell from above the 158.00 yesterday and is currently printing 0.78% lower on today’s sessions. USD/JPY is driving the pair lower, dropping over a big figure. The pair has been subject to a pull back in US yields.
GBP/JPY Levels
The 20 DMA is 154.25, the 50 DMA is 152.30 and the 200 DMA is 147.75. RSI 14 reads 33.47. Supports are ascending from 155.20 155.55 156.20. Spot is 156.86. Resistances are 157.50 158.50 158.90 160.40 161.40.
GBP/JPY fell from above the 158.00 yesterday and is currently printing 0.78% lower on today’s sessions. USD/JPY is driving the pair lower, dropping over a big figure. The pair has been subject to a pull back in US yields.
GBP/JPY Levels
The 20 DMA is 154.25, the 50 DMA is 152.30 and the 200 DMA is 147.75. RSI 14 reads 33.47. Supports are ascending from 155.20 155.55 156.20. Spot is 156.86. Resistances are 157.50 158.50 158.90 160.40 161.40.