Forex7 Posted January 4, 2013 Report Posted January 4, 2013 At today’s trading (04/01, 03.58 GMT) the Pound rises very slightly against Japanese Yen Dollar. Sterling opened at 140.99 in early trading (00:00 GMT), and climbs +1 pips or about + 0.01 % at 141.00. The favorable sentiment against Pound sterling is seems to be rising , before Markit reports a latest data of Level of a diffusion index based on surveyed purchasing managers in the services industry, in December. The indicator Services PMI might shows an increase to 50.4 from previous period of 50.2. The market pushes the currency to move higher as an early response. Vibiz Consulting Analyst said normal range of GBP/JPY is estimated to have the support level at 140.01 and resistance level at 142.14. Other reports might also showing a positive signal. Bank of England is scheduled to release the latest data of Net Lending to Individuals m/m. The indicator might rose to 0.4B from -0.3B.
achelia Posted January 24, 2013 Report Posted January 24, 2013 GBP/USD has slid to $1.5830. Cable is trading near the strong support (November 2012 low). UK December mortgage approvals remained unchanged.
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