12 Dec 2013
GBP/JPY having a go for 168 handle
FXstreet.com (London) - GBP/JPY is having a run at the 168 handle, scoring a high of 168.05.
GBP/JPY is benefitting from a pound that is bid on inflationary expectations and stock markets coming off. The pair has 168.15 resistance to tackle ahead of the 168.20 pivot.
GBP/JPY Levels
The 20 DMA is 165.00, the 50 DMA is 160.55 and the 200 DMA is 153.75. RSI (14) reads 72.00. Support is 167.25 and 167.60 while Spot is currently 167.95. Resistances are 168.15 168.65, 168.95, 170.05 171.35, 173.00 and 173.65.
GBP/JPY is benefitting from a pound that is bid on inflationary expectations and stock markets coming off. The pair has 168.15 resistance to tackle ahead of the 168.20 pivot.
GBP/JPY Levels
The 20 DMA is 165.00, the 50 DMA is 160.55 and the 200 DMA is 153.75. RSI (14) reads 72.00. Support is 167.25 and 167.60 while Spot is currently 167.95. Resistances are 168.15 168.65, 168.95, 170.05 171.35, 173.00 and 173.65.