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5 Feb 2015
GBP/JPY jumps above 180.00
FXStreet (San Francisco) - Following the EUR/USD break above 1.1450, the GBP/JPY joined the party and jumped 100 pips from 179.30 to destroy the 180.00 barrier before reaching fresh highs since January 12 at 180.30.
Currently, GBP/JPY is trading at 180.18, up 1.02% on the day, having posted a daily high at 180.35 and low at 177.60. GBP/JPY spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
GBP/JPY levels
If the pair extends its advance, it will find next resistances at 180.50 and the key 180.85. To the downside, supports are now at 180.00, 179.80 and 179.30.
Currently, GBP/JPY is trading at 180.18, up 1.02% on the day, having posted a daily high at 180.35 and low at 177.60. GBP/JPY spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
GBP/JPY levels
If the pair extends its advance, it will find next resistances at 180.50 and the key 180.85. To the downside, supports are now at 180.00, 179.80 and 179.30.