Resistance levels, above 1.6000, lie at 1.6030 (Dec 21 low), and above here, 1.6050 and 1.6125. On the downside, support levels lie at 1.5920 (Dec 22 and 23 low), and below here, 1.5850 and 1.5825.
GBP/JPY continues trading sideways within a range from 145.90 to 146.70, consolidating after its rally from 142.00 low on December 9. Resistance levels lie at 146.70 and 147.05. On the downside, support levels are 145.75 and 145.45.
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