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Forex: GBP/JPY advances above 154.50

FXstreet.com (San Francisco) - After retracing from the highest level since August 2009 at 154.77 to find support at 154.15, the GBP/JPY is trading in recovery mode and currently it is pricing above the 154.00 level again.

With the GBP/JPY trading at 154.55, 0.25% above opening price, the pair is trading slightly bullish with indicators such as MACD, CCI and Momentum pointing to the north while the Stochastic is bearish in the 15-minute chart.

Above 154.50, resistances are at 154.80 and 155.00. On the downside, supports are at 154.15, 153.95 and 153.75.

Forex: EUR/USD recovers ground around 1.3075/80

After bottoming in the boundaries of 1.3050 on Draghi’s comments, the shared currency picked up pace and is now currently around 1.3075/80, albeit in the negative ground...
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Forex: EUR/JPY back to the 130.00 area

After falling to daily lows in the wake of Draghi's comments about the ECB standing ready to act, the euro managed to trim losses against the yen and bounced back to the 130.00 area.
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