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20 Aug 2013
GBP/JPY consolidating above 152.50
FXstreet.com (Barcelona) - The GBP/JPY foreign exchange cross rate is last trading at 152.79, off recent session lows at 152.65, about flat for the week so far.
GBP/JPY can attempt to look 154 highs
“GBP Pushed through the key 153.20 earlier Monday, said the FXMarketAlerts Team, “and has built steadily higher since to consolidate the rising lows trend in force from start-last week therefore sustains, and GBP can attempt to look past the July top 154.05 now,” they added.
GBP/JPY key technical levels
Immediate support to the downside for GBP/JPY lies at recent session lows at 152.65, followed by NY session lows at 152.57, and yesterday's Asian session weekly lows at 152.15. To the upside, closest resistance shows at recent session highs 152.99, followed by Thursday's highs at 153.31, and recent NY session and weekly highs at 153.56.
GBP/JPY can attempt to look 154 highs
“GBP Pushed through the key 153.20 earlier Monday, said the FXMarketAlerts Team, “and has built steadily higher since to consolidate the rising lows trend in force from start-last week therefore sustains, and GBP can attempt to look past the July top 154.05 now,” they added.
GBP/JPY key technical levels
Immediate support to the downside for GBP/JPY lies at recent session lows at 152.65, followed by NY session lows at 152.57, and yesterday's Asian session weekly lows at 152.15. To the upside, closest resistance shows at recent session highs 152.99, followed by Thursday's highs at 153.31, and recent NY session and weekly highs at 153.56.