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Pound Jumps To 5-day High Against Yen

fxpulsation

By fxpulsation
in Fundamental Analysis

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Pound Jumps To 5-day High Against Yen

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The pound appreciated by more than 1 percent to reach a 5-day high of 120.84 against the yen around 7:45 am ET from Asian session's 2-day low of 119.63. The pound-yen pair is presently worth 120.70 with 121.60 seen as the next likely resistance level.

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