Mon, 07 Mar 2022 10:33:56 GMT
GBP/JPY decline pierces 151.50 level
On Monday, the GBP/JPY currency exchange rate reached below the 151.50 mark. The pair has been declining since March 3, as the Pound has devalued against the Yen by more than 2.50%.
A continuation of the decline might look for support and pause at the 151.00 level, before reaching the weekly S1 simple pivot point at 150.50. Further below, note the