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GBP/JPY Technical Analysis: Upside potential into 141.00 limited

  • The Guppy’s early-Monday rise into 140.80 sees the pair trapped once again in the middle of Friday’s range, trapped between 141.20 and 141.25.

GBP/JPY, 5-Minute

  • GBP/JPY remains bearish in the near-term as swing highs continue to mark in territory  on the low side, and technical indicators leaning into bearish signals.

GBP/JPY, 30-Minute

  • The Guppy is remaining bearish, and looks set for a challenge of 2018’s current low near 139.90, though thinned-out holiday markets could see the pair remain on-balance into the new year as traders remain largely in the middle, leaving GBP/JPY to continue retracing in the near-term.

GBP/JPY, 4-Hour

GBP/JPY

Overview:
       Today Last Price:  140.75
       Today Daily change:  22  pips
       Today Daily change %:  0.157%
       Today Daily Open:  140.53
Trends:
       Previous Daily SMA20:  143.37
       Previous Daily SMA50:  144.99
       Previous Daily SMA100:  145.1
       Previous Daily SMA200:  146.58
Levels:
       Previous Daily High:  141.18
       Previous Daily Low:  140.24
       Previous Weekly High:  143.24
       Previous Weekly Low:  140.24
       Previous Monthly High:  149.5
       Previous Monthly Low:  144.02
       Previous Daily Fibonacci 38.2%:  140.6
       Previous Daily Fibonacci 61.8%:  140.82
       Previous Daily Pivot Point S1:  140.12
       Previous Daily Pivot Point S2:  139.71
       Previous Daily Pivot Point S3:  139.18
       Previous Daily Pivot Point R1:  141.06
       Previous Daily Pivot Point R2:  141.59
       Previous Daily Pivot Point R3:  142

 

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