Tue, 20 Sep 2022 10:24:50 GMT
GBP/JPY extends recovery above 164.00
The GBP/JPY currency exchange rate has broken the resistance of the trend line, which guided the rate's last week's decline, and the 50-hour simple moving average. The surge was caused by the 163.00 mark and the 162.75/162.95 zone providing enough support.
On Tuesday morning, the pair found support in the 50-hour simple moving average, surged and passed above the resistance of