Home GBP/JPY Technical Analysis: Sterling refreshing daily highs against Japanse Yen near 146.00 handle

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GBP/JPY Technical Analysis: Sterling refreshing daily highs against Japanse Yen near 146.00 handle

FX Street

Published date: 27 Mar. 2019 | 18:52

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 breakout above 146.40 should lead the market 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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