FXstreet.com (Córdoba) - Cable continues to rally against the Yen after yesterday's pause. GBP/JPY jumped above 150.00 to 151.43 posting the highest price since September 15. The pair has risen in six out of the last seven days accumulating an increase of almost a thousand pips. Currently it trades at 151.10/18, 1.75% above today's opening price.
On the upside immediate resistance lies at the 151.35 zone and above at 153.00. The pair continues to recover from a six month low posted two weeks ago at 139.70.