Home GBP/JPY Technical Analysis: Slip from 143.00 sees Guppy set for a further decline
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GBP/JPY Technical Analysis: Slip from 143.00 sees Guppy set for a further decline

  • GBP/JPY stuck near Friday’s lows at 142.38, with intraday resistance marked in firmly at the 61.8% Fibo retracement near 143.30; bidders saw the 143.00 handle evaporate on Friday as Sterling’s technical outlook continues to weaken.

GBP/JPY, 5-Minute

  • The past two weeks see the Guppy getting wrapped into a constraining pattern ahead of the Christmas holiday slowdown, but a fresh break lower will see new territory as support remains consistently weaker.

GBP/JPY, 30-Minute

  • GBP/JPY flubbed a bullish break of descending resistance last week, leaving the pairing exposed to another bearish breakdown, as the past two months see the Guppy on pace to tick into fresh three-month lows.

GBP/JPY, 4-Hour

GBP/JPY

Overview:
       Today Last Price:  142.7
       Today Daily change:  4.0  pips
       Today Daily change %:  0.0280%
       Today Daily Open:  142.66
Trends:
       Previous Daily SMA20:  144.15
       Previous Daily SMA50:  145.65
       Previous Daily SMA100:  145.31
       Previous Daily SMA200:  146.74
Levels:
       Previous Daily High:  143.92
       Previous Daily Low:  142.38
       Previous Weekly High:  143.94
       Previous Weekly Low:  141.18
       Previous Monthly High:  149.5
       Previous Monthly Low:  144.02
       Previous Daily Fibonacci 38.2%:  142.97
       Previous Daily Fibonacci 61.8%:  143.33
       Previous Daily Pivot Point S1:  142.05
       Previous Daily Pivot Point S2:  141.45
       Previous Daily Pivot Point S3:  140.51
       Previous Daily Pivot Point R1:  143.59
       Previous Daily Pivot Point R2:  144.53
       Previous Daily Pivot Point R3:  145.13

 

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