Cross-rates signals: GBP/JPY accelerates the decline

The British pound remains under pressure across the market against the backdrop of tougher political risks with the possibility of the resignation of British Prime Minister T. May. The decline of the the pound against the Japanese yen is more likely, that is aggravated by the growth of general risks in the market.

The main resistance limiting the decline of the pair GBP/JPY is the mark of 146.00, breaking through which will open the way to the support levels: 145.50-60 and 145.00. Resistance is located at levels: 146.30-40 and 146.60-70.

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Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

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