GBPJPY Pound Sterling vs Japanese Yen

Reversing direction, the pound slipped against its major counterparts in the European session on Monday.

The pound dropped to near a 2-week low of 144.30 versus the yen and near a 5-week low of 1.2708 versus the dollar, from its early high of 145.51 and a 2-day high of 1.2825, respectively.

The pound weakened to 0.8920 against the euro and a session's low of 1.2695 against the franc, off its early high of 0.8863 and a 5-day high of 1.2785, respectively.

The pound is likely to find support around 143.00 versus the yen, 1.24 versus the dollar, 0.91 against the euro and 1.25 against the franc.

Sterling vs Yen (FX:GBPJPY)
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