EUR/GBP tries to recover as EUR/JPY and USD/JPY continue to rise
EUR/GBP tries to recover as EUR/JPY and USD/JPY continue to rise amid a strong greenback bid.
![JPY](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/news-article-image-folder/bg_yen_JPY_Japan_currency.jpg/jcr:content/renditions/original-size.webp)
EUR/GBP holds at support
EUR/GBP tries to overcome the 55-day simple moving average (SMA) at £0.8549 and reach the £0.856 to £0.857 zone.
On Monday the cross slid to £0.8527, below which lies the £0.8499 February low.
![EUR/GBP chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/charts/2024/04/17/2024/04/17/EURGBP_2024-04-17_06-15-54.png/jcr:content/renditions/original-size.webp)
EUR/JPY grinds higher
EUR/JPY has Tuesday's ¥164.67 high in view above which beckons key resistance at ¥165.17 to ¥165.35, the March and current April highs.
This bullish outlook will remain valid while Friday's low at ¥162.28 underpins.
![EUR/JPY chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/charts/2024/04/17/2024/04/17/EURJPY_2024-04-17_06-17-27.png/jcr:content/renditions/original-size.webp)
USD/JPY is getting ever closer to ¥155.00
USD/JPY nears the ¥155.00 mark around which the Bank of Japan may intervene.
Upside pressure will remain in play while Friday's low at ¥152.60 underpins. Were this level to give way, however, the ¥151.97-91 area might be back in play.
![USD/JPY chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/charts/2024/04/17/2024/04/17/USDJPY_2024-04-17_06-18-07.png/jcr:content/renditions/original-size.webp)
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