“¢ Despite the overnight sharp swings, the cross showed remarkable resilience below the key 145.00 psychological mark and 61.8% Fibonacci retracement level of the 143.72-147.78 recent upsurge. “¢ The cross managed to regain positive traction on Wednesday and climbed further beyond the 146.00 handle, albeit the positive momentum seemed to have run out of steam ahead of 200-hour SMA. “¢ Technical indicators on the daily chart maintained their bullish bias and have again started gaining positive traction on hourly charts, supporting prospects for an extension of the intraday up-move. “¢ However, it would be prudent to wait for a sustained move beyond the mentioned hurdle before traders start positioning for a move beyond the 147.00 mark, towards retesting the 147.70 supply zone. GBP/JPY 1-hourly chart GBP/JPY Overview: Today Last Price: 146.2 Today Daily change: 63 pips Today Daily change %: 0.43% Today Daily Open: 145.57 Trends: Daily SMA20: 145.34 Daily SMA50: 142.83 Daily SMA100: 143.43 Daily SMA200: 144.66 Levels: Previous Daily High: 147.81 Previous Daily Low: 144.58 Previous Weekly High: 148.47 Previous Weekly Low: 144.31 Previous Monthly High: 148.28 Previous Monthly Low: 141.01 Daily Fibonacci 38.2%: 145.81 Daily Fibonacci 61.8%: 146.57 Daily Pivot Point S1: 144.16 Daily Pivot Point S2: 142.76 Daily Pivot Point S3: 140.94 Daily Pivot Point R1: 147.39 Daily Pivot Point R2: 149.21 Daily Pivot Point R3: 150.62 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 Bitcoin price prediction: BTC/USD stuck in mid-$3,800 – Confluence Detector FX Street 4 years "¢ Despite the overnight sharp swings, the cross showed remarkable resilience below the key 145.00 psychological mark and 61.8% Fibonacci retracement level of the 143.72-147.78 recent upsurge. "¢ The cross managed to regain positive traction on Wednesday and climbed further beyond the 146.00 handle, albeit the positive momentum seemed to have run out of steam ahead of 200-hour SMA. "¢ Technical indicators on the daily chart maintained their bullish bias and have again started gaining positive traction on hourly charts, supporting prospects for an extension of the intraday up-move. "¢ However,… 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.
