- GBP/JPY finds itself on the upside, buoyed above the 140.00 key level.
- Market risk sentiment appears to be holding itself upright for the time being.
GBP/JPY is trading on the high end, testing above 140.30 as market sentiment remains on-balance and the Sterling continues to recover from this week’s decline-and-bounce on the UK’s Brexit vote.
The Guppy ticked into a low near the 139.00 level yesterday before reversing and setting a new high for the week at 140.70, and the pair remains bid into near-term highs for the time being, despite the UK’s RICS Housing Price Balance for December, which clocked in at -19%, down from the -13% forecast and the previous reading of -11%.
Next up for the Yen-based pairs will be a showing from the Bank of Japan’s (BoJ) Governor Kuroda, who will be delivering notes at the ongoing G20 meeting in Osaka, Japan. Kuroda is expected to speak at 03:20 GMT.
GBP/JPY Technical Levels
GBP/JPY
Overview:
Today Last Price: 140.35
Today Daily change: -9.0 pips
Today Daily change %: -0.0641%
Today Daily Open: 140.44
Trends:
Previous Daily SMA20: 139.34
Previous Daily SMA50: 142.47
Previous Daily SMA100: 144.52
Previous Daily SMA200: 145.65
Levels:
Previous Daily High: 140.71
Previous Daily Low: 138.99
Previous Weekly High: 139.49
Previous Weekly Low: 137.44
Previous Monthly High: 145.52
Previous Monthly Low: 138.86
Previous Daily Fibonacci 38.2%: 140.05
Previous Daily Fibonacci 61.8%: 139.65
Previous Daily Pivot Point S1: 139.39
Previous Daily Pivot Point S2: 138.33
Previous Daily Pivot Point S3: 137.67
Previous Daily Pivot Point R1: 141.11
Previous Daily Pivot Point R2: 141.77
Previous Daily Pivot Point R3: 142.83
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