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28 Mar 2014
GBP/JPY in ranges below 170.00
FXStreet (Córdoba) - The GBP/JPY was unaffected by Japanese economic data and continues to move sideways between 169.60 and 169.85 early in Asia. Yesterday the pair peaked at 170.31, hitting a two week high.
The Yen moved slightly to the upside after the release of mixed economic number in Japan, but the GBP/JPY remained in the mentioned range.
On Thursday the Pound posted the fourth daily gain in a row against the Yen and it was able to finish above 169.50 but far from the highs. The short term trend points to the upside but the momentum is not strong.
The Yen moved slightly to the upside after the release of mixed economic number in Japan, but the GBP/JPY remained in the mentioned range.
On Thursday the Pound posted the fourth daily gain in a row against the Yen and it was able to finish above 169.50 but far from the highs. The short term trend points to the upside but the momentum is not strong.