Mon, 25 Apr 2022 10:05:56 GMT
GBP/JPY declines to 163.00
The GBP/JPY lost the support of the 167.00 mark and plummeted, during last week's trading. Moreover, on Monday, the rate passed the support line, which connects the April low levels.
A continuation of the decline of the Pound against the Japanese Yen might aim at the weekly S2 simple pivot point at 162.23, the 162.00 mark and the 161.00 level.
Meanwhile,