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Forex: GBP/JPY falls to 143.74/81 on Fitch outlook

FXstreet.com (Barcelona) - The GBP/JPY has been in decline following the news from Fitch earlier today, which reversed an upside movement that had capped at 144.16 Friday. Having fallen 40 pips since then, the cross is now trading in negative territory at 143.74/81 in these moments, down -0.23%.

Recently, Fitch Ratings has placed the United Kingdom sovereign debt under rating watch negative as they will decide within downgrade the UK or not in the near term – the decision will be taken by the end of April.

Mataf.net analysts point to supports at 143.35, ahead of 142.49, and finally 141.59. Conversely, on the ascension, the GBP/JPY will face calculated measures of resistance at 145.14, onto 146.07, and 146.93.

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