GBP/JPY’s consolidation in the range of 147.00-149.00 has taken the shape of a diamond pattern on the hourly chart. A break above the upper edge of the diamond, currently at 148.00, would signal a resumption of the rally from the lows near 145.00 and could yield a break above 150.00. A break below the lower edge, currently at 147.66, could yield a pullback to the rising trendline support at 147.19. As of writing, the pair is trading at 147.83. Hourly chart Trend: Bullish above 148.00 GBP/JPY Overview: Today Last Price: 147.89 Today Daily change: -3 pips Today Daily change %: -0.02% Today Daily Open: 147.92 Trends: Daily SMA20: 145.95 Daily SMA50: 143.28 Daily SMA100: 143.51 Daily SMA200: 144.66 Levels: Previous Daily High: 148.88 Previous Daily Low: 147.38 Previous Weekly High: 148.47 Previous Weekly Low: 144.31 Previous Monthly High: 148.28 Previous Monthly Low: 141.01 Daily Fibonacci 38.2%: 147.95 Daily Fibonacci 61.8%: 148.31 Daily Pivot Point S1: 147.24 Daily Pivot Point S2: 146.56 Daily Pivot Point S3: 145.74 Daily Pivot Point R1: 148.74 Daily Pivot Point R2: 149.56 Daily Pivot Point R3: 150.24 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 Gold seesaws as risk sentiment switches on and off FX Street 4 years GBP/JPY's consolidation in the range of 147.00-149.00 has taken the shape of a diamond pattern on the hourly chart. A break above the upper edge of the diamond, currently at 148.00, would signal a resumption of the rally from the lows near 145.00 and could yield a break above 150.00. A break below the lower edge, currently at 147.66, could yield a pullback to the rising trendline support at 147.19. As of writing, the pair is trading at 147.83. Hourly chart Trend: Bullish above 148.00 GBP/JPY Overview: Today Last Price: 147.89 Today… 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.
