GBP/JPY Technical Analysis: Remains in an ascendant channel
|- Volatility across pound’s crosses likely to increase amid Brexit and UK political uncertainty.
- The GBP/JPY pair continues to move with a bullish bias within an ascendant channel. The key support today stands around 143.00. A break lower would open the doors to more losses and a potential slide to 142.00.
- While above 143.50, the positive tone will prevail. The immediate resistance might be seen at 144.20 and 144.80, ahead of the strong 146.00 barrier.
GBP/JPY 4 hours chart
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- Price is hovering around the 100-day moving average around 144.40, a daily close well above could signal more gains ahead.
GBP/JPY Daily
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GBP/JPY
Overview:
Today Last Price: 143.71
Today Daily change: -0.26 pips
Today Daily change %: -0.18%
Today Daily Open: 143.97
Trends:
Daily SMA20: 140.29
Daily SMA50: 141.86
Daily SMA100: 144.43
Daily SMA200: 145.26
Levels:
Previous Daily High: 144.73
Previous Daily Low: 143.6
Previous Weekly High: 144.85
Previous Weekly Low: 140.62
Previous Monthly High: 145.52
Previous Monthly Low: 138.86
Daily Fibonacci 38.2%: 144.03
Daily Fibonacci 61.8%: 144.3
Daily Pivot Point S1: 143.47
Daily Pivot Point S2: 142.97
Daily Pivot Point S3: 142.34
Daily Pivot Point R1: 144.6
Daily Pivot Point R2: 145.23
Daily Pivot Point R3: 145.73
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