Back
25 Jun 2013
GBP/JPY is climbing higher
FXstreet.com (Barcelona) - GBP/JPY is trading over 100 pips up on the day and seems to be benefiting from a stronger USD/JPY on better than expected US data.
MA’s are looking bullish in the hourly charts with RSI at 14. The pair are testing the pivot ahead of further US data releases. While there isn’t anything on the calendar for the pair, for USD/JPY and Cable, Durable Goods Orders (May) came in at 3.6% vrs consensus 1.8% and previous 3.5% Durable Goods Orders ex Transportation (May) came in at 0.7% vrs consensus 0.1% and previous 1.5%
And coming up shortly we have the Redbook index (YoY) (Jun 16) and Redbook index (MoM) (Jun 16) at 12.45GMT. Then we have Housing Price Index (MoM) (May) 1300GMT. And finally we have both Consumer Confidence (Jun) and New Home Sales (MoM) (May) at 1400GMT
MA’s are looking bullish in the hourly charts with RSI at 14. The pair are testing the pivot ahead of further US data releases. While there isn’t anything on the calendar for the pair, for USD/JPY and Cable, Durable Goods Orders (May) came in at 3.6% vrs consensus 1.8% and previous 3.5% Durable Goods Orders ex Transportation (May) came in at 0.7% vrs consensus 0.1% and previous 1.5%
And coming up shortly we have the Redbook index (YoY) (Jun 16) and Redbook index (MoM) (Jun 16) at 12.45GMT. Then we have Housing Price Index (MoM) (May) 1300GMT. And finally we have both Consumer Confidence (Jun) and New Home Sales (MoM) (May) at 1400GMT