|

GBP/JPY Technical Analysis: Sterling sub-145.00 against Yen as Brexit saga goes on

GBP/JPY daily chart

GBP/JPY 4-hour chart

  • GBP/JPY is trading below its 200 SMA suggesting a bearish bias in the medium-term.

GBP/JPY 30-minute chart
  • GBP/JPY is trading below its main SMAs suggesting a bearish bias in the short-term.
  • On the way down, the next supports are 144.05 and 143.50 level.
  • Resistance is at 144.60 and 145.20 level.

Additional key levels

GBP/JPY

Overview
Today last price144.2
Today Daily Change-0.10
Today Daily Change %-0.07
Today daily open144.3
 
Trends
Daily SMA20146.49
Daily SMA50144.65
Daily SMA100143.49
Daily SMA200144.64
 
Levels
Previous Daily High145.98
Previous Daily Low144.23
Previous Weekly High148.39
Previous Weekly Low144.13
Previous Monthly High148.28
Previous Monthly Low141.01
Daily Fibonacci 38.2%144.9
Daily Fibonacci 61.8%145.31
Daily Pivot Point S1143.69
Daily Pivot Point S2143.09
Daily Pivot Point S3141.94
Daily Pivot Point R1145.44
Daily Pivot Point R2146.59
Daily Pivot Point R3147.19

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

More from Flavio Tosti
Share:

Editor's Picks

EUR/USD looks weak below 1.1800

EUR/USD has slipped back under pressure, breaking through the 1.1800 support and drifting towards the weekly lows near 1.1770 ahead of the opening bell in Asia. The move reflects renewed strength in the US Dollar, with steady geopolitical tensions keeping its demand firm. Moving forward, the release of the German labour market report and flash inflation figures should keep European investors entertained on Friday.
 

GBP/USD threatens the 200-day SMA near 1.3440

GBP/USD rapidly leaves behind Wednesday’s strong advance, coming under heavy pressure and retesting the 1.3440 zone, where the critical 200-day SMA is located. Cable’s deep pullback follows the strong gains in the Greenback, while investors continue to pencil in a potential BoE rate cut in March.

Gold remains below $5,200 despite tariff jitters and geopolitical risks

Gold is seen consolidating in a range below the $5,200 mark during the Asian session on Friday amid mixed cues. Trade jitters, along with the risk of a potential US-Iran war, act as a tailwind for the safe-haven bullion. Meanwhile, the Fed's hawkish outlook keeps the US Dollar close to the monthly high and caps the non-yielding yellow metal. Nevertheless, the commodity remains on track to register gains for the fourth straight week, though the fundamental backdrop warrants some caution for bullish traders.

How AI, blockchain, stablecoins are shaping a new global economy – Circle CEO Jeremy Allaire

Artificial Intelligence (AI), blockchain technology and stablecoins are emerging as core pillars of a new global economic system, according to Circle’s CEO, Jeremy Allaire.

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Bitcoin steadies as traders eye US–Iran talks

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Thursday after a 6.2% relief rally the previous day amid a broader downward trend.