The Sterling is stepping lower in early Friday trading following Trump comments that a hard Brexit is the only way to salvage trade deals with the US. Higher timeframes have the Guppy bouncing from a double bottom near 143.75, Broader markets are recovering from rising trade tensions, but risk aversion remains close to the surface. GBP/JPY Chart, 15-Minute Spot rate: 148.34 Relative change: -0.11% High: 148.59 Low: 148.32 Trend: Rolling over into bearish Support 1: 147.76 (previous day low) Support 2: 146.92 (38.2% Fibo retracement level) Support 3: 146.02 (current week low) Resistance 1: 148.88 (current week high) Resistance 2: 150.00 (major technical barrier; round figure) Resistance 3: 150.62 (May swing high) 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 GBP/USD slips off the 1.32 level as Trump says he’d like to see a hard Brexit FX Street 5 years The Sterling is stepping lower in early Friday trading following Trump comments that a hard Brexit is the only way to salvage trade deals with the US. Higher timeframes have the Guppy bouncing from a double bottom near 143.75, Broader markets are recovering from rising trade tensions, but risk aversion remains close to the surface. GBP/JPY Chart, 15-Minute Spot rate: 148.34 Relative change: -0.11% High: 148.59 Low: 148.32 Trend: Rolling over into bearish Support 1: 147.76 (previous day low) Support 2: 146.92 (38.2% Fibo retracement level) Support 3: 146.02 (current… 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.
