Tue, 27 Sep 2022 14:19:16 GMT
GBP/JPY trades around 156.00
In the aftermath of the Monday's GBP crash, the GBP/JPY currency pair has recovered. On Tuesday, the pair was trading almost flat at the 156.00 level.
If the Pound recovers against the Yen, the rate might encounter resistance in the combination of the 158.00 level, the weekly simple pivot point at 158.39 and the 100-hour simple moving average.
On the other