Home GBP/JPY Technical Analysis: Breaks 141.00 and points to further gains
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GBP/JPY Technical Analysis: Breaks 141.00 and points to further gains

  • The pound is up for the third day in a row against the yen and broke above a critical resistance level. A consolidation on to of 141.00 would signal more gains ahead.  
  • The daily chart favors the upside as long as it holds above 141.00.  
  • The recent move to the upside sent price above the 20-day moving average and also on top of a short-term downtrend line.  
  • To the downside, a slide back under 139.50 would point to more weakness ahead.

GBP/JPY Daily Chart

GBP/JPY

GBP/JPY

Overview:
       Today Last Price:  141.42
       Today Daily change:  97  pips
       Today Daily change %:  0.698%
       Today Daily Open:  140.44
Trends:
       Daily SMA20:  139.34
       Daily SMA50:  142.47
       Daily SMA100:  144.52
       Daily SMA200:  145.65
Levels:
       Previous Daily High:  140.71
       Previous Daily Low:  138.99
       Previous Weekly High:  139.49
       Previous Weekly Low:  137.44
       Previous Monthly High:  145.52
       Previous Monthly Low:  138.86
       Daily Fibonacci 38.2%:  140.05
       Daily Fibonacci 61.8%:  139.65
       Daily Pivot Point S1:  139.39
       Daily Pivot Point S2:  138.33
       Daily Pivot Point S3:  137.67
       Daily Pivot Point R1:  141.11
       Daily Pivot Point R2:  141.77
       Daily Pivot Point R3:  142.83

 

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