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5 Feb 2015
GBP/JPY jumps to 179.80; 2-week highs
FXStreet (San Francisco) - The Sterling is trading with a firm note on Thursday following the BoE interest rate decision. Against the Japanese Yen, the pound rose more than 190 pips from 177.85 traded overnight to break above 179.30 and reach a fresh highest since January 20 at 179.80
Currently, GBP/JPY is trading at 179.61, up 0.71% on the day, having posted a daily high at 179.86 and low at 177.60. The FXStreet OB/OS Index is reflecting overbought hourly conditions, while the FXStreet Trend Index is slightly bullish.
GBP/JPY levels
The GBP/JPY seems to be ready to attack the 180.00 level, above that, resistances come at 180.30 and 18050. To the downside, supports are at 179.40, 179.00 and 178.70.
Currently, GBP/JPY is trading at 179.61, up 0.71% on the day, having posted a daily high at 179.86 and low at 177.60. The FXStreet OB/OS Index is reflecting overbought hourly conditions, while the FXStreet Trend Index is slightly bullish.
GBP/JPY levels
The GBP/JPY seems to be ready to attack the 180.00 level, above that, resistances come at 180.30 and 18050. To the downside, supports are at 179.40, 179.00 and 178.70.