Runs up toward 200 hour MA before Carney testimony tomorrow/BOE later this week.
The GBPJPY – like some of the JPY pairs – are enjoying trend like buying today. Technically, the pair made a break above the 100 hour MA (at 130.90 currently) and moves toward the 200 hour MA at 133.852. The high today has extended to 133.70. It currently trades at 133.63 – right near that level.