Forex - Chart GBP/JPY Update: Weakness appearing within 1-week consolidation


Published at 00:16 (GMT) 04 Mar

 

Chart GBP/JPY Update: Weakness appearing within 1-week consolidation (OCBC8001)

03 Mar GBP/JPY Daily

23::37 GMT - Within the 1-week consolidation, weakness appearing with prices sinking towards the lower end at 183.54 and need a sustained push below latter to trigger deeper setback to 182.62. On the upside, lift above 185.03 hurdle will signal bulls regaining control. [W.T]
R5: 187.80 * 29 Dec congestion high
R4: 187.32 * 2 Jan high
R3: 186.10 intraday level
R2: 185.03 26 Feb high
R1: 184.73 3 Mar high

S1: 183.54 25 Feb low
S2: 182.62 23 Feb low
S3: 182.10 intraday level
S4: 181.67 * 20 Feb low
S5: 181.54 * 16 Feb low

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