Back
5 Apr 2013
Forex: GBP/JPY tests the 150.00 frontier
FXstreet.com (San Francisco) - After rising 400 pips in the American session from the 146.00 level, the GBP/JPY is completing an impressive movement to test the 150.00 key frontier. The pair set a provisional high at 150.02, the maximum since the first week January 2010.
Currently the pair is trading at 149.93, 2.20% above opening price. The pair is slightly bullish according to the FXstreet.com trend index. MACD, CCI and Momentum are bullish while the Stochastic is bearish.
Above the 150.00 level, next levels to see are 150.70 (January 2010 highs and 151.60. On the down side, 149.20, 148.50 and 147.80 are supports.
Currently the pair is trading at 149.93, 2.20% above opening price. The pair is slightly bullish according to the FXstreet.com trend index. MACD, CCI and Momentum are bullish while the Stochastic is bearish.
Above the 150.00 level, next levels to see are 150.70 (January 2010 highs and 151.60. On the down side, 149.20, 148.50 and 147.80 are supports.