9 Jul 2013
GBP/JPY bounces off support
FXstreet.com (New York) - The GBP/JPY technical cross has fallen during Asian trading Tuesday, after previously failing to breach the 151.00 level (150.98 session high).
GBP/JPY bounces off support
In these moments, the GBP/JPY is currently settled at 150.78, incurring a loss of -0.12%. Technically speaking, the pair is operating below its 20-day SMA. According to the Technical Analyst at ICN.com, the pair will face support at 150.74, ahead of 150.37, and finally 149.90.
GBP/JPY static after economic data release
In the United Kingdom, BRC Retail Sales Monitor – All (YoY) was reported at +1.4% in June, missing expectations of +3.0%. Moreover, the RICS Housing Price Balance (June) came in at 21.0%, exceeding estimates that called for a figure of 10.0%.
GBP/JPY bounces off support
In these moments, the GBP/JPY is currently settled at 150.78, incurring a loss of -0.12%. Technically speaking, the pair is operating below its 20-day SMA. According to the Technical Analyst at ICN.com, the pair will face support at 150.74, ahead of 150.37, and finally 149.90.
GBP/JPY static after economic data release
In the United Kingdom, BRC Retail Sales Monitor – All (YoY) was reported at +1.4% in June, missing expectations of +3.0%. Moreover, the RICS Housing Price Balance (June) came in at 21.0%, exceeding estimates that called for a figure of 10.0%.