- GBP / JPY is trading near its highest levels since mid-March 2020.
- The level to beat for the bulls is the resistance of 136.50.
Four-hour GBP / JPY chart
GBP / JPY is up while challenging the 2.5-month highs. The bulls have taken the bar and a break above the 136.50 resistance may lead to further advances towards the 137.30 and 138.10 price levels. On the other hand, the support can be seen near the price levels of 135.50, 134.40 and 133.90.
Resistance: 133.00, 133.87, 134.83
Support: 132.00, 131.33, 130.80