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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

 

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