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EUR/JPY: Up through key levels with eyes for 130.81

FXStreet (Guatemala) - EUR/JPY is currently at 129.30 with a high of 129.52 and a low of 127.85.

EUR/JPY is now pressing on the 129.20 support post the rally from 127.87 when meeting 129.52 the highs. The euro is bid despite the poor data in European trade but instead Greece may be given a final reform extension window and that helped the single currency and with the poor US data it has strengthened across the board while the greenback gets shunned.

Technically, we are up through 20 day ma at 128.82 that has been tested a few times and finally a break above puts us through the 129 handle which could be triggering a rally to the top of the short term channel at 130.81.

GBP/USD hits fresh daily highs above 1.5050

GBP/USD rose 70 pips in less than an hour and printed a fresh daily high at 1.5057, erasing previous losses.
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GBP/USD bulls target 1.5155 - UOB

Analysts at UOB explained that in line with expectations, GBP finally moved higher.
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