The Sterling looks to have made a temporary bottom on the Guppy pair from 145.25, but failure to break beyond the previous swing high level near 146.40 will see a continuation of the ongoing bearish trend. June’s lows sit near 143.75, with the current year’s lows not far away at 143.20, and GBP buyers have their work cut out for them to make bullish work in a week that sees both BoJ and BoE action slated for the calendar. GBP/JPY Chart, 15-Minute Spot rate: 145.47 Relative change: 0.04% High: 145.63 Low: 145.29 Trend: Flat to bullish Support 1: 145.29 (current day low) Support 2: 145.26 (previous week low) Support 3: 144.68 (June 25th swing low) Resistance 1: 145.70 (Friday high) Resistance 2: 146.51 (previous week high) Resistance 3: 146.80 (38.2% Fibo retracement level) 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 China Press: Yuan faces short-term depreciation risk – Bloomberg FX Street 5 years The Sterling looks to have made a temporary bottom on the Guppy pair from 145.25, but failure to break beyond the previous swing high level near 146.40 will see a continuation of the ongoing bearish trend. June's lows sit near 143.75, with the current year's lows not far away at 143.20, and GBP buyers have their work cut out for them to make bullish work in a week that sees both BoJ and BoE action slated for the calendar. GBP/JPY Chart, 15-Minute Spot rate: 145.47 Relative change: 0.04% High: 145.63 Low: 145.29 Trend: Flat to… 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.
