“¢ The cross stalled overnight sharp rejection slide from 100-hour SMA and showed some resilience near a short-term descending trend-channel support. “¢ The mentioned channel extends from the 147.00 handle, touched on April 15, and might now act as a key pivotal point for the pair’s near-term trajectory. “¢ Meanwhile, technical indicators maintained their bearish bias on hourly/daily charts and support prospects for an eventual near-term bearish breakdown. “¢ A convincing break through the channel support, currently near the 144.40 region, would expose two-month-old horizontal support near the 143.80-70 region. GBP/JPY 1-hourly chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ethereum market update: ETH/USD refreshes lows close to $160 – Declines still unstoppable FX Street 4 years "¢ The cross stalled overnight sharp rejection slide from 100-hour SMA and showed some resilience near a short-term descending trend-channel support. "¢ The mentioned channel extends from the 147.00 handle, touched on April 15, and might now act as a key pivotal point for the pair's near-term trajectory. "¢ Meanwhile, technical indicators maintained their bearish bias on hourly/daily charts and support prospects for an eventual near-term bearish breakdown. "¢ A convincing break through the channel support, currently near the 144.40 region, would expose two-month-old horizontal support near the 143.80-70 region. GBP/JPY 1-hourly… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
