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Forex: GBP/JPY jumps above 153.70 after triple good NFP figures

FXstreet.com (San Francisco) - The Sterling is trading higher right now against the Japanese Yen following the better than expected NonFarm Payrolls data in April, the previous months positive revisions and the decline in the US unemployment. In the latest few minutes, the GBP/JPY rose more than 130 pips from 152.30 to reach fresh intra-day high at 153.70.

The GBP/JPY is trading at 153.50, 0.6% above opening price. The pair is slightly bullish according to the Fxstreet.com trend index with indicators such as MACD, CCI and Momentum pointing to the north while the Stochastic is neutral in the 15-minutes chart.

Above the 153.70 level, next resistances are at 153.85 and 154.00. ON the downside, supports come at 153.20, 152.75 and 152.00

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