GBP/JPY Technical Analysis: Guppy approaching June’s high at 148.10 level
|- GBP/JPY is grinding higher and is about to challenge June’s high at the 148.10 level.
- A breakout above 148.10 can lead to an acceleration towards 150.00, June 7 swing high.
- On the other hand, a rejection at 148.10 can lead to a rotation back towards the 146.00 figure.
GBP/JPY 15-minute chart
Spot rate: 147.63
Relative change: 0.46%
High: 147.79
Low: 146.80
Trend: Bullish
Resistance 1: 148.10 June’s high
Resistance 2: 150.00 June 7 swing high
Resistance 3: 150.69 April 20 swing low
Support 1: 147.15 intraday swing low
Support 2: 146.00 figure
Support 3: 145.20 July 2 low
Support 4: 144.59 June 21 low
Support 5: 143.20 current 2018 low
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.