GBP/JPY gained about 60 pips as Peter Navarro “one of President Donald Trump’s top trade advisors, said the market was overreacting to fears the administration would restrict foreign investment as part of its trade actions against China and other countries,” according to CNBC. Safe-have Yen and gold have been dumped on the news. GBP/JPY is trading above its 50, 100 and 200-period simple moving average on the 15-minute chart suggesting a mild bullish bias. GBP/JPY 15-minute chart Spot rate: 145.86 Relative change: 0.07% High: 146.19 Low: 144.69 Trend: Bullish Resistance 1: 146.00 figure Resistance 2: 146.65 last week’s high Resistance 3: 147.15 supply level Resistance 4: 148.10 June’s high Support 1: 145.58 last Friday’s low Support 2: 145.20 Monday intraday swing low Support 3: 144.59 June 21 low Support 4: 143.20 current 2018 low 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 NEO Price Analysis: NEO/USD enjoys a deep breath, after receiving a beating over the weekend, but bears may be looking to go into the kill anytime soon FX Street 3 years GBP/JPY gained about 60 pips as Peter Navarro "one of President Donald Trump's top trade advisors, said the market was overreacting to fears the administration would restrict foreign investment as part of its trade actions against China and other countries," according to CNBC. Safe-have Yen and gold have been dumped on the news. GBP/JPY is trading above its 50, 100 and 200-period simple moving average on the 15-minute chart suggesting a mild bullish bias. GBP/JPY 15-minute chart Spot rate: 145.86 Relative change: 0.07% High: … Top 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.
