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GBP/JPY Price Analysis: Pound stays capped below 133.00 figure vs. yen

  • GBP/JPY remains choppy below the 133.00 figure.
  • The level to beat for sellers is the 132.00 support. 

 

GBP/JPY four-hour chart

 
After attempting to break above the 133.00 resistance one more time, GBP/JPY remains choppy as the month of May comes to an end. As the overall trend remains bearish, sellers would be looking for a break below the 132.00 level with the possibility of a breakdown towards the 131.33 and 130.75 levels. On the other hand, the spot is expected to meet strong resistance near the 133.00 level. 
 
 
Resistance: 133.00, 133.87, 134.83
Support: 132.00, 131.33, 130.80
 

Additional key levels

GBP/JPY

Overview
Today last price 132.65
Today Daily Change 0.03
Today Daily Change % 0.02
Today daily open 132.62
 
Trends
Daily SMA20 131.76
Daily SMA50 132.73
Daily SMA100 136.46
Daily SMA200 137.27
 
Levels
Previous Daily High 132.88
Previous Daily Low 131.83
Previous Weekly High 132.51
Previous Weekly Low 129.32
Previous Monthly High 135.75
Previous Monthly Low 131.91
Daily Fibonacci 38.2% 132.48
Daily Fibonacci 61.8% 132.23
Daily Pivot Point S1 132.01
Daily Pivot Point S2 131.39
Daily Pivot Point S3 130.95
Daily Pivot Point R1 133.06
Daily Pivot Point R2 133.5
Daily Pivot Point R3 134.12

 

 

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