Mon, 17 Sep 2012 13:49:01 GMT
Pound climbs to 4-month high versus Yen
The Pound prolonged last week's risk-rally versus U.S. and Japan counterparts on Monday. U.K. currency reached 127.36 versus the Yen, the highest since May 17, posting a brake of ascending triangle levels of resistance of GBP/JPY pair. GBP/USD traded at 1.6246, with an expectation of next resistance level around 1.6258/1.63 range.