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Forex: GBP/JPY extends recovery above 152.10

FXstreet.com (San Francisco) - The Sterling is extending its recovery against the Japanese yen after bottoming at 151.10 and currently the GBP/JPY is trading above the 152.00 level. Initially, the pair fell from 152.70 in the American opening but pair bounced at the mentioned 151.10.

At this moment, the GBP/JPY is pricing at 152.05, 0.71% negative on the day. However, the pair is slightly bullish according to the FXstreet.com Trend Index with indicators such as CCI and Momentum pointing north while the MACD is neutral and the Stochastic is bearish in the 15-minutes chart.

Below the 151.00, next support comes at 150.85 ahead of 150.45 and 150.00. On the upside, resistances are at 152.30, 152.70 and 153.40.

Forex: USD/CHF consolidates at 0.9425 after falling to 0.9400

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