Mon, 19 Sep 2022 18:19:12 GMT
GBP/JPY breaks resistance levels
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.
An extension of the ongoing surge of the currency pair might encounter resistance in the 164.00 level. Higher above, note