30 Apr 2014
GBP/JPY ends slightly lower on FED day
FXStreet (Córdoba) - The GBP/JPY lost 0.15% on Wednesday and finished around 172.45. During the Asian session the pair bottomed at 171.93 but then bounced to the upside. The recovery was capped by 172.65 on European hours.
Since the beginning of the American session the pair is moving in a small range between 172.60 and 172.20. The Fed’s decision did not affected the pair that continues to move in ranges.
GBP/JPY rises against in April
The GBP/JPY finished April with a gains of less than 50 pips, but enough to achieved the third monthly gain in a row. But since January the the price does not reached fresh multi-year highs as the area between 173.50 and 175.00 continues to offer strong resistance.
Since the beginning of the American session the pair is moving in a small range between 172.60 and 172.20. The Fed’s decision did not affected the pair that continues to move in ranges.
GBP/JPY rises against in April
The GBP/JPY finished April with a gains of less than 50 pips, but enough to achieved the third monthly gain in a row. But since January the the price does not reached fresh multi-year highs as the area between 173.50 and 175.00 continues to offer strong resistance.