Home GBP/JPY Technical Analysis: Guppy breaks above 142.00 figure on BoE Super Thursday
FXStreet News

GBP/JPY Technical Analysis: Guppy breaks above 142.00 figure on BoE Super Thursday

GBP/JPY daily chart

  • GBP/JPY is trading in a bear trend below the 100 and 200-day simple moving averages (SMAs).
  • The Bank of England Super Thursday provided lots of volatility for the Sterling.  

GBP/JPY 4-hour chart

  • GBP/JPY is trading between the 100 and 200 SMA on the 4-hour chart suggesting a sideways market in the medium-term.

GBP/JPY 30-minute chart

  • Bulls broke above the 142.00 figure and the 50 and 100 SMAs suggesting bullish momentum in the near-term.
  • GBP/JPY needs a break of 142.70 to target 143.30 and 144.00 figure to the upside.
  • On the way down, investors can expect support at 142.10 and 141.40 level.  

Additional key levels

GBP/JPY

Overview:
       Today Last Price:  142.46
       Today Daily change:  23  pips
       Today Daily change %:  0.16%
       Today Daily Open:  142.23
Trends:
       Daily SMA20:  141.93
       Daily SMA50:  141.56
       Daily SMA100:  144.17
       Daily SMA200:  144.97
Levels:
       Previous Daily High:  142.53
       Previous Daily Low:  141.75
       Previous Weekly High:  144.73
       Previous Weekly Low:  142.08
       Previous Monthly High:  144.85
       Previous Monthly Low:  131.79
       Daily Fibonacci 38.2%:  142.05
       Daily Fibonacci 61.8%:  142.23
       Daily Pivot Point S1:  141.81
       Daily Pivot Point S2:  141.39
       Daily Pivot Point S3:  141.03
       Daily Pivot Point R1:  142.59
       Daily Pivot Point R2:  142.95
       Daily Pivot Point R3:  143.37

 

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.