GBP/JPY contained by 180.20

FXStreet (San Francisco) - The British pound is trading under pressure against the Japanese yen; however, the pair seems to be well contained by the 180.20 level as the GBP/JPY is bouncing again at this level.

Currently, GBP/JPY is trading at 180.49, up 0.04% on the day, having posted a daily high at 180.54 and low at 180.42. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.

GBP/JPY levels

If the pair extends rebound, it will find resistances at 180.80, 181.00 and 181.60. To the downside, supports are at 180.20, 179.60 and 179.10.

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