4 Mar 2015
GBP/JPY falls below 183.00
FXStreet (Córdoba) - The pound is having the worst day in a month against the yen weakened by a sharp decline of the GBP/USD that trades at 3-week lows around 1.5250.
GBP/JPY breaks 183.50
During the European session the pair broke below the key short term support area located at 183.50, that capped the downside several times during the last week. Below the pound accelerated the slide.
After reaching 182.65 it bounced slightly to the upside but the recovery lost strength below 183.00 and now is trading at fresh lows at 182.60, level last seen back in February 20. The GBP/JPY pair is falling for the third day in a row pulling back from 8-week highs that reached last week slightly below 185.00.
GBP/JPY breaks 183.50
During the European session the pair broke below the key short term support area located at 183.50, that capped the downside several times during the last week. Below the pound accelerated the slide.
After reaching 182.65 it bounced slightly to the upside but the recovery lost strength below 183.00 and now is trading at fresh lows at 182.60, level last seen back in February 20. The GBP/JPY pair is falling for the third day in a row pulling back from 8-week highs that reached last week slightly below 185.00.