GBP/JPY is currently down 100 pips from the high of 148.73 reached yesterday – a level last seen in mid-November. Sterling rose on Wednesday after UK lawmakers rejected leaving the European Union without a withdrawal agreement. GBP/JPY is currently trading at 147.75, having hit a four-month high of 148.73 yesterday. Sterling picked up a strong bid on Wednesday after the UK lawmakers passed a bill to prevent the UK from leaving the European Union without a deal. The parliament is set to vote today on whether the divorce date should be extended. With most parliament members wanting to avoid economic uncertainty, the divorce data could be extended. Therefore, GBP/JPY could begin recovering lost ground ahead of the key vote, having shrugged off weak data release in Asia. The UK house price balance fell to -28 in February, the lowest level since May 2011, according to RICS UK Residential Market Survey. GBP/JPY, however, barely moved in response to dismal data release. Technical Levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Technical Analysis: Rejected at 4H 200MA, hourly RSI diverges in favor of bears FX Street 4 years GBP/JPY is currently down 100 pips from the high of 148.73 reached yesterday - a level last seen in mid-November. Sterling rose on Wednesday after UK lawmakers rejected leaving the European Union without a withdrawal agreement. GBP/JPY is currently trading at 147.75, having hit a four-month high of 148.73 yesterday. Sterling picked up a strong bid on Wednesday after the UK lawmakers passed a bill to prevent the UK from leaving the European Union without a deal. The parliament is set to vote today on whether the divorce date should be extended. With most parliament members wanting… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
