Contributors Technical Analysis GBP/JPY Yen Demolished By Nikkei’s Rally

GBP/JPY Yen Demolished By Nikkei’s Rally

The GBP/JPY increased in the last days and now stands above the 148.46 static resistance (support turned into resistance). The Yen is punished by the Nikkei’s rally and could depreciate further versus all its rivals, not only against the Pound. A minor consolidation will send the rate towards the 151.66 static resistance.

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