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GBP/JPY Price Analysis: Pound challenging 4-day lows vs. Japanese yen

  • GBP/JPY is challenging the 130.80 support this Wednesday.
  • Bears are back in control eyeing the 130.00 figure.
 

GBP/JPY four-hour chart

 
GBP/JPY is trading below the main SMA on the four-hour chart suggesting a downward bias. The spot is challenging the 130.80 support where the market found some support a few days ago. However as the dominant trend remains down, bears can try to overcome the 130.80 support level and set their eyes on the 130.00 figure. 
 
 
 
Resistance: 132.00, 133.00
Support: 130.80, 130.00
 

Additional key levels

GBP/JPY

Overview
Today last price 130.73
Today Daily Change -0.63
Today Daily Change % -0.48
Today daily open 131.36
 
Trends
Daily SMA20 133.02
Daily SMA50 133.07
Daily SMA100 137.81
Daily SMA200 137.1
 
Levels
Previous Daily High 132.87
Previous Daily Low 131.32
Previous Weekly High 133.56
Previous Weekly Low 130.66
Previous Monthly High 135.75
Previous Monthly Low 131.91
Daily Fibonacci 38.2% 131.91
Daily Fibonacci 61.8% 132.28
Daily Pivot Point S1 130.82
Daily Pivot Point S2 130.29
Daily Pivot Point S3 129.27
Daily Pivot Point R1 132.38
Daily Pivot Point R2 133.41
Daily Pivot Point R3 133.94

 

 

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