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GBP/JPY jumps to 6-year highs at 183.45

FXStreet (San Francisco) - Sterling rose to its highest level since October 2008 at 183.45 against the Japanese yen as the pair is trading upward following the JPY weakness.

Currently, GBP/JPY is trading at 183.13, up 0.70% on the day, having posted a daily high at 183.45 and low at 181.51. The FXStreet OB/OS Index is reflecting overbought hourly conditions, while the FXStreet Trend Index is slightly bullish.

GBP/JPY levels

If the pair manages to extend gains, it will find next resistances at 183.45, 183.70 and 184.00. To the downside, supports are at 181.70, 181.15 and 180.90.

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