Forex: GBP/JPY dealing with weekly lows around 141.70

FXstreet.com (Barcelona) - GBPJPY is currently dealing with yesterday's lows levels last at 141.75, off fresh session and weekly lows at 141.49. The cross is down -0.65% for the session and -1.46% for the week, on the back of Yen strength at least for the last hours, as Cable is mostly flat in the same time period.

Risk aversion is rising in the Asia-Pacific local share markets specially in Japan, although results are mixed over all, with Korea and Australia showing green figures. Nikkei index is down -1.71% dragged over Yen strength, being strongest major currency in last 2 trading days, while Hang-Seng index is down -0.31%.

Immediate support to the downside for GBPJPY lies at recent 3-day lows 141.50, followed by Jan 09 highs at 141.03, and Jan 04 lows at 140.50. To the upside, closest resistance looms at Jan 07 highs 142.10, followed by Jan 02/recent session highs/Monday's lows at 142.80, and Friday's lows at 143.00.