Currencies  |  April 14, 2013 22:18:45

Currency pair GBP / JPY ended below 151.00

Currency pair GBP / JPY after considerable strengthening in early April this year, and stopped for Thursday and Friday of last week returned to 150.90. That was the price that was attacking and eventually broke the fifth April. At that moment resistance turned into support and all waiting to see whether this support will keep a course a couple off his back, or the strengthening of the Japanese yen stops and the couple gets to the S / R levels on the price of 146.00.

Soon the morning will see the statement of a representative BoJ, and the forward-looking statements, or further monetary easing will depend another way the Japanese yen. And not just on this pair of sterling, but also on other pairs linked to the Japanese yen.Statement by Governor Kuroda will be preceded by the publication of macroeconomic data in the form of the British index of home prices.

The future direction of a pair GBP / JPY say a lot and any initial gap at the start of trading week.

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