Investing.com - The British Pound was higher against the Japanese Yen on Monday after the release of Japanese data on Trade Balance.
GBP/JPY was trading at 121.66, up 0.04% at time of writing.
The pair was likely to find support at 120.38, Thursday’s low, and resistance at 122.08, Friday’s high.
Earlier in the day, official data showed that Japan’s trade balance fell less-than-expected to a seasonally adjusted -0.02T last month, from -0.29T in the preceding month.
Analysts had expected Japan’s trade balance to fall -0.11T last month.
Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.05% to hit 1.5943 and EUR/GBP falling 0.22% to hit 0.8693.
GBP/JPY was trading at 121.66, up 0.04% at time of writing.
The pair was likely to find support at 120.38, Thursday’s low, and resistance at 122.08, Friday’s high.
Earlier in the day, official data showed that Japan’s trade balance fell less-than-expected to a seasonally adjusted -0.02T last month, from -0.29T in the preceding month.
Analysts had expected Japan’s trade balance to fall -0.11T last month.
Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.05% to hit 1.5943 and EUR/GBP falling 0.22% to hit 0.8693.