12 Jul 2013
GBP/JPY breaking higher
FXstreet.com (New York) - The GBP/JPY technical cross has moved into positive territory, having stabilized above the 150.00 level during Asian trading Friday.
GBP/JPY strategic bias
The GBP/JPY is now settling at 150.37, notching a tepid advance of +0.09% in these moments. The Danske Research team isolates the next short-term resistances at 150.50, onto 151.05, and finally 151.60.
According to the Technical Analyst Team at ICN.com, “The GBP/JPY has been making positive attempts since Thursday morning, and is trying to settle above 150.00. Our previous forecast is valid and active so far however, note that breaching the aforesaid level could push the pair toward 151.60-151.90.”
GBP/JPY strategic bias
The GBP/JPY is now settling at 150.37, notching a tepid advance of +0.09% in these moments. The Danske Research team isolates the next short-term resistances at 150.50, onto 151.05, and finally 151.60.
According to the Technical Analyst Team at ICN.com, “The GBP/JPY has been making positive attempts since Thursday morning, and is trying to settle above 150.00. Our previous forecast is valid and active so far however, note that breaching the aforesaid level could push the pair toward 151.60-151.90.”