Previous close | 160.1820 |
Open | 160.1830 |
Bid | 160.1950 |
Day's range | 159.8300 - 160.2540 |
52-week range | 148.9300 - 172.1010 |
Ask | 160.2150 |
The British pound has pulled back just a bit during the trading session again on Monday, but as we have seen over the last couple of days the ¥160 level continues to be important.
The British pound initially pulled back during trading on Wednesday, but continues to find buyers on dips against the Japanese yen.
Although the pound has quickly recovered from its record lows, trading back above $1.2000, it will need to hold above this level to gain investor confidence going into the new year.