GBP/JPY Technical Analysis: Sterling working towards 146.00 as the Yen cools off
|- Thursday's whipping marks in a new technical high acting as a barrier.
- Market sentiment leaves the Yen walking backwards to end the week.
- The week's bullish momentum has been halting, watch for turnarounds near entry points.
GBP/JPY Chart, 15-Minute
Spot rate: 145.86
Relative change: 0.21%
High: 145.89
Low: 145.45
Trend: Bullish
Support 1: 145.45 (current day low)
Support 2: 144.59 (June 21st low)
Support 3: 144.38 (current week low)
Resistance 1: 146.21 (June 21st high)
Resistance 2: 147.00 (major level; current week high)
Resistance 3: 147.97 (previous week high)
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