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FXstreet.com (San Francisco) - The Sterling has rejected the 152.15 level another time against the Japanese yen with the pair retracing to prices below 152.00. Currently the GBP/JPY is trading at 151.95.
The GBP/JPY has been trading in range between 151.60 and 152.15 throughout the European and American session. Pair is 0.07% above opening price action and it's trading slightly bullish according to the FXstreet.com trend index.
Indicators such as CCI and Momentum are pointing north whiel the MACD and the Stochastic are neutral in the 15-minutes chart.
Above the 152.15 level, next resistance is at 152.50 and 152.75. On the downside, supports are at 151.60, 151.00 and 150.50.