News

GBP/JPY Technical Analysis: Swinging back over 148.00

  • The GBP/JPY has been making halting progress after recovering from the week's early slip, and buyers continue to remain to the positive side despite ongoing Brexit tensions, which could come to a head at Wednesday's EU leadership summit in Brussels.
  • The 50-period moving average is helping to drag the pair higher of the charts as time wears on, and the 200-period is rolling over into a bullish stance, but the Guppy could still see a retracement to the major indicator before continuing higher.
  • Traders should watch for a break of rising swing lows to indicate tension on the intraday charts.

GBP/JPY Chart, 15-Minute

GBP/JPY

Overview:
    Last Price: 148.16
    Daily change: 18 pips
    Daily change: 0.122%
    Daily Open: 147.98
Trends:
    Daily SMA20: 148.18
    Daily SMA50: 145.35
    Daily SMA100: 145.84
    Daily SMA200: 148.04
Levels:
    Daily High: 148.42
    Daily Low: 146.89
    Weekly High: 149.52
    Weekly Low: 147.17
    Monthly High: 149.72
    Monthly Low: 146.32
    Daily Fibonacci 38.2%: 147.83
    Daily Fibonacci 61.8%: 147.47
    Daily Pivot Point S1: 147.11
    Daily Pivot Point S2: 146.24
    Daily Pivot Point S3: 145.58
    Daily Pivot Point R1: 148.63
    Daily Pivot Point R2: 149.29
    Daily Pivot Point R3: 150.16

 

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.