Home GBP/JPY Technical Analysis: Strangled just south of 144.00
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GBP/JPY Technical Analysis: Strangled just south of 144.00

  • GBP/JPY trading around familiar intraday levels as the pair continues to cycle through sell-prone markets, with bullish recovery attempts getting the rug pulled out from under them at regular intervals as sellers target the low end priced in at the 143.00 level.

GBP/JPY, 5-Minute

  • Near-term indicators are warning of a potential bullish recovery for the Guppy, though constraining action near the 200-period MA at 144.40 could see any upside moves ripe for fading.

GBP/JPY, 30-Minute

  • The Guppy finds itself trapped in a medium-term bearish triangle, and short orders could begin to pile in as sellers get geared up for a final push below 143.00.

GBP/JPY, 4-Hour

GBP/JPY

Overview:
       Today Last Price:  143.84
       Today Daily change:  -31  pips
       Today Daily change %:  -0.215%
       Today Daily Open:  144.15
Trends:
       Previous Daily SMA20:  145.45
       Previous Daily SMA50:  146.38
       Previous Daily SMA100:  145.52
       Previous Daily SMA200:  146.88
Levels:
       Previous Daily High:  144.55
       Previous Daily Low:  143.26
       Previous Weekly High:  145.84
       Previous Weekly Low:  144.52
       Previous Monthly High:  149.5
       Previous Monthly Low:  144.02
       Previous Daily Fibonacci 38.2%:  144.05
       Previous Daily Fibonacci 61.8%:  143.75
       Previous Daily Pivot Point S1:  143.43
       Previous Daily Pivot Point S2:  142.7
       Previous Daily Pivot Point S3:  142.14
       Previous Daily Pivot Point R1:  144.71
       Previous Daily Pivot Point R2:  145.27
       Previous Daily Pivot Point R3:  146

 

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