|

GBP/JPY Technical Analysis: Sterling holding above 146.00 against Japanese Yen

GBP/JPY daily chart

  • GBP/JPY is trading in a bull trend above its main simple moving averages (SMAs). 

GBP/JPY 4-hour chart
  • GBP/JPY is in a consolidation between the 100 and 200 SMAs. 

GBP/JPY 30-minute chart
  • GBP/JPY is trading above its main SMAs suggesting a bullish bias in the short-term.
  • A bullish break above 146.40 can lead to 147.20 and 148.00 resistances.
  • To the downside, support is at 145.20 and 148.00 level.

Additional key levels

GBP/JPY

Overview
Today last price146.06
Today Daily Change0.98
Today Daily Change %0.68
Today daily open145.08
 
Trends
Daily SMA20146.78
Daily SMA50144.38
Daily SMA100143.6
Daily SMA200144.64
 
Levels
Previous Daily High145.81
Previous Daily Low144.63
Previous Weekly High148.39
Previous Weekly Low144.13
Previous Monthly High148.28
Previous Monthly Low141.01
Daily Fibonacci 38.2%145.08
Daily Fibonacci 61.8%145.36
Daily Pivot Point S1144.54
Daily Pivot Point S2144
Daily Pivot Point S3143.37
Daily Pivot Point R1145.71
Daily Pivot Point R2146.34
Daily Pivot Point R3146.88

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

More from Flavio Tosti
Share:

Editor's Picks

EUR/USD: US Dollar comeback in the makes?

The US Dollar stands victorious at the end of another week, with the EUR/USD pair trading near a four-week low of 1.1742, while the USD retains its strength despite some discouraging American data released at the end of the week. The pair edged higher on Friday, after the United States Supreme Court ruled against President Donald Trump's tariffs, although the advance is not enough to change the latest USD flow.

GBP/USD braces for more pain, as 200-day SMA tested

GBP/USD broke the previous week’s consolidation to the downside, as sellers returned with pomp, smashing the major back toward the levels last seen in late January. The pair tested bids below the 1.3450 barrier as the US Dollar strength largely played out throughout the week, while the Pound Sterling stepped back on expectations of divergent monetary policy outlooks between the Bank of England and the US Federal Reserve.

Gold rises to near $5,100 as Trump’s tariffs boost haven demand, US-Iran talks eyed

Gold price edges higher to near $5,095 during the early Asian session on Monday. The precious metal extends the rally amid US President Donald Trump’s tariff threats and uncertainty, boosting safe-haven flows. 

Week ahead: Markets brace for heightened volatility as event risk dominates

Dollar strength dominates markets as risk appetite remains subdued. A Supreme Court ruling, geopolitics and Fed developments are in focus. Pivotal Nvidia earnings on Wednesday as investors question tech sector weakness. Yen and aussie diverge; both pound and euro could recoup their losses.

Broadening drivers of growth: Unpacking GDP and looking ahead

This week’s data delivered a familiar theme with an important twist. The U.S. economy continues to be shaped by powerful forces in high-tech and AI-related investment, but recent releases suggest the growth story may finally be broadening. At the same time, trade flows are moving in a less supportive direction, reminding us that not all parts of the economy are pulling in sync.

Ripple bulls defend key support amid waning retail demand and ETF inflows

XRP ticks up above $1.40 support, but waning retail demand suggests caution. XRP attracts $4 million in spot ETF inflows on Thursday, signaling renewed institutional investor interest.