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GBP/JPY Price Analysis: Pound vulnerable below 132.00 vs. Japanese yen

  • GBP/JPY is under selling pressure below the 132.00 figure. 
  • The level to beat for sellers is the 130.80 support.
 

GBP/JPY our-hour chart

 
GBP/USD is trading below the main SMAs on the four-hour chart as the quote broke below the April lows. The spot remains under bearish pressure with bears needing a break below the 130.80 support level en route to the 129.00 and 127.40 levels. Conversely, retracements can find resistance near 132.00 and 133.00 resistance initially.
 
 
Resistance: 132.00, 133.00, 135.00
Support: 130.80, 129.00, 127.40
 

Additional key levels

GBP/JPY

Overview
Today last price 131.36
Today Daily Change 0.32
Today Daily Change % 0.24
Today daily open 131.04
 
Trends
Daily SMA20 133.64
Daily SMA50 133.62
Daily SMA100 138.21
Daily SMA200 137.05
 
Levels
Previous Daily High 132.68
Previous Daily Low 130.84
Previous Weekly High 135.45
Previous Weekly Low 131.94
Previous Monthly High 135.75
Previous Monthly Low 131.91
Daily Fibonacci 38.2% 131.54
Daily Fibonacci 61.8% 131.97
Daily Pivot Point S1 130.36
Daily Pivot Point S2 129.68
Daily Pivot Point S3 128.53
Daily Pivot Point R1 132.2
Daily Pivot Point R2 133.36
Daily Pivot Point R3 134.04

 

 

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