FXstreet.com (Córdoba) - The pound weakened across the board at the beginning of the North American session, retracing intraday gains versus the yen and slipping below the 124.00 mark in recent dealings.
GBP/JPY lost over half a cent within the last hours and turned intraday negative. The pair scored a low of 123.95 before bouncing slightly and at time of writing it is quoting around 124.00/05, down 0.2% on the day.
As for technical levels, below 124.00, GBP/JPY might found supports at 123.50 ahead of 123.20, while on the upside resistances could be faced at 124.25, 124.50/55 and 125.00.
GBP/JPY lost over half a cent within the last hours and turned intraday negative. The pair scored a low of 123.95 before bouncing slightly and at time of writing it is quoting around 124.00/05, down 0.2% on the day.
As for technical levels, below 124.00, GBP/JPY might found supports at 123.50 ahead of 123.20, while on the upside resistances could be faced at 124.25, 124.50/55 and 125.00.
