- GBP / JPY with no clear signs in the short term.
- The break below 154.60 could clear the way for more losses.
GBP / JPY is moving with mixed signs. It recently hit lower highs but, at the same time, did not hit higher highs. The price is trapped between two trend lines, and is currently above the 21 SMA which sits at 155.00.
A break below 155.00 should lead to a test of the uptrend line at 154.60. A consolidation below 154.60 would point to further losses, targeting first 154.35 and then the zone around 154.00.
The rise is likely to continue to be limited as long as it is below 155.35 / 45, an area of ​​key resistance and also a downtrend line. A break to the upside would strengthen the pound for a rally to 155.80; the last protection before 156.00.
GBP / JPY 4-hour chart
GBP/JPY
| Overview | |
|---|---|
| Today last price | 155.08 |
| Today’s Daily Change | 0.08 |
| Today daily change% | 0.05 |
| Today they open every day | 155 |
| Trends | |
|---|---|
| Daily SMA20 | 154.89 |
| SMA50 daily | 152.9 |
| SMA100 daily | 150.74 |
| SMA200 daily | 144.48 |
| Levels | |
|---|---|
| Previous Daily High | 155.49 |
| Previous Daily Low | 154.54 |
| Previous weekly high | 155.32 |
| Previous Weekly Low | 154.13 |
| Previous monthly maximum | 156.08 |
| Previous Monthly Low | 150.93 |
| Daily Fibonacci 38.2% | 154.9 |
| Daily Fibonacci 61.8% | 155.12 |
| Daily Pivot Point S1 | 154.53 |
| S2 daily pivot point | 154.06 |
| S3 Daily Pivot Point | 153.58 |
| R1 daily pivot point | 155.48 |
| Daily pivot point R2 | 155.95 |
| R3 daily pivot point | 156.42 |
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
