The GBP/JPY hourly chart shows the relative strength index (RSI) is not confirming lower lows on price chart (bullish divergence). The pair could revisit the descending bearish 50-hour MA, currently seen at 146.50, if the current or the next hourly candle confirms the positive RSI divergence by closing in green. Hourly chart Spot Rate: 145.80 Daily High: 146.42 Daily Low: 145.70 Trend: Intraday bullish Resistance R1: 145.97 (resistance as per the hourly chart) R2: 146.52 (50-hour moving average) R3: 146.87 (July 18 low resistance on the hourly chart) Support S1: 144.99 (March 2 low) S2: 143.77 (June 28 low) S3: 143.20 (May 29 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 Japan’s Aso: Spoke to Mnuchin on tariffs, can’t reveal what was said FX Street 5 years The GBP/JPY hourly chart shows the relative strength index (RSI) is not confirming lower lows on price chart (bullish divergence). The pair could revisit the descending bearish 50-hour MA, currently seen at 146.50, if the current or the next hourly candle confirms the positive RSI divergence by closing in green. Hourly chart Spot Rate: 145.80 Daily High: 146.42 Daily Low: 145.70 Trend: Intraday bullish Resistance R1: 145.97 (resistance as per the hourly chart) R2: 146.52 (50-hour moving average) R3: 146.87 (July 18 low resistance on the hourly chart) Support S1: 144.99 (March 2 low) S2: 143.77 (June 28… 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.
