“¢ The cross struggled to gain any meaningful traction on Monday, albeit has managed to hold its neck and form a firm intraday base near 50-hour SMA. GBP/JPY 1-hourly chart “¢ However, given last week’s breakthrough a descending trend-channel, bullish technical indicators support prospects for a further near-term appreciating move. 4-hourly chart “¢ A sustained move beyond the 145.00 mark will add credence to the constructive outlook and set the stage for a move towards reclaiming the 146.00 handle. “¢ Alternatively, weakness below the mentioned intraday support could further get extended back towards challenging the 144.00 handle en-route 143.80 support. GBP/JPY Overview: Today Last Price: 144.6 Today Daily change %: 0.10% Today Daily Open: 144.45 Trends: Daily SMA20: 143 Daily SMA50: 141.41 Daily SMA100: 143.53 Daily SMA200: 144.64 Levels: Previous Daily High: 144.75 Previous Daily Low: 143.78 Previous Weekly High: 145.05 Previous Weekly Low: 142.46 Previous Monthly High: 144.85 Previous Monthly Low: 131.79 Daily Fibonacci 38.2%: 144.38 Daily Fibonacci 61.8%: 144.15 Daily Pivot Point S1: 143.91 Daily Pivot Point S2: 143.36 Daily Pivot Point S3: 142.93 Daily Pivot Point R1: 144.88 Daily Pivot Point R2: 145.3 Daily Pivot Point R3: 145.85 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 UK Govt Official: PM May believes extending Brexit doesn’t solve the issue – Bloomberg FX Street 4 years "¢ The cross struggled to gain any meaningful traction on Monday, albeit has managed to hold its neck and form a firm intraday base near 50-hour SMA. GBP/JPY 1-hourly chart "¢ However, given last week's breakthrough a descending trend-channel, bullish technical indicators support prospects for a further near-term appreciating move. 4-hourly chart "¢ A sustained move beyond the 145.00 mark will add credence to the constructive outlook and set the stage for a move towards reclaiming the 146.00 handle. "¢ Alternatively, weakness below the mentioned intraday support could further get… 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.
