Tue, 11 Jan 2022 11:59:49 GMT
GBP/JPY returns to low level
The GBP/JPY currency exchange rate eventually reached the support zone of the January 6 low and the December 31 high levels at 156.00/156.10. On Tuesday, a recovery was ongoing, as the pair reached above the 157.00 mark.
A continuation of the surge might encounter resistance in the 157.38/157.44 zone, which captures recent high levels. Above this zone, the January high