FXstreet.com (Barcelona) - GBP/JPY has recovered its initial losses to rise above 148.00 level. Las two hours, GBP/JPY has risen around 215 pips from the 146.05, in the early european morning, to 148.21 after rising 0.35% from the 174.64 opening price. Currently, the pair is trading around 147.85/95.

Initially, GBP/JPY fell 185 pips from 147.72, intraday high, to find support at 145.86.

Yesterday, GBP/JPY fell 1.01% from the opening price at 149.13, reaching 149.29 as high and 147.01 as low, to close the day at 147.62.

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