FXstreet.com (Barcelona) - After it reaches fresh 2009 high, GBP is falling back against JPY in today's European session. GBP/JPY has been rejected by the 145.00 resistance level to falls below 144.00 level in the last two hours. Currently, the pair is trading around 144.10/30.
The GBP/JPY has risen more than 400 pips since the beginning of the Asian session from the 141.00, today's minimum, to reach the new 2009 high at 1.4512. Then the pair has been rejected and it fell below the 144.00 level to 143.45.
Next support could be 143.50, 142.00 and the 141.00/50 congested zone. Resistance levels could be 144.50 and 145.00.