“¢ The cross met with some fresh supply near an important confluence resistance, comprising of a short-term descending trend-line and 200-period SMA on the 4-hourly chart.
“¢ The incoming Brexit headlines continue to dent sentiment surrounding the British Pound, with the cross eroding 50% of Friday’s goodish rebound from over one-month lows.
“¢ Technical indicators on the mentioned chart have already started gaining negative momentum, suggesting an extension of the downfall back towards retesting the 146.00 round figure mark.
GBP/JPY 4-hourly chart-636758085199643194.png)
GBP/JPY
Overview:
Last Price: 146.51
Daily change: -72 pips
Daily change: -0.489%
Daily Open: 147.23
Trends:
Daily SMA20: 148.02
Daily SMA50: 145.63
Daily SMA100: 145.89
Daily SMA200: 147.96
Levels:
Daily High: 147.34
Daily Low: 145.98
Weekly High: 148.42
Weekly Low: 145.81
Monthly High: 149.72
Monthly Low: 142.6
Daily Fibonacci 38.2%: 146.82
Daily Fibonacci 61.8%: 146.5
Daily Pivot Point S1: 146.36
Daily Pivot Point S2: 145.49
Daily Pivot Point S3: 144.99
Daily Pivot Point R1: 147.72
Daily Pivot Point R2: 148.22
Daily Pivot Point R3: 149.09
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