The past twenty-four hours have seen the GBP/JPY go lopsided, whipping between intraday peaks at 149.50 and near-term lows at 148.80, with a quick nosedive into 148.60 after the US Fed  left rates unchanged late on Thursday, and the intraday action is roiling into a rough range that leaves near-term moves in the lurch. GBP/JPY M5 Despite the near-term volatility affecting the Guppy, the mid-term view shows a significant bull run from the pair’s clean break of the 200-hour moving average from 144.75, and the 50-hour moving average is providing near-term support from 148.75. GBP/JPY H1 Looking back to the past two months, the current bull move could be close to running to the end of its chain, with the Guppy beginning to gasp for air after failing to make a clean break of late September-early October’s upper consolidation boundary from 149.30, and a bearish correction into the 200-period moving average at 147.20 can’t be ruled out. GBP/JPY H4 GBP/JPY Overview:     Last Price:  148.96     Daily change:  7.0  pips     Daily change:  0.0470%     Daily Open:  148.89 Trends:     Daily SMA20:  146.37     Daily SMA50:  146.65     Daily SMA100:  145.79     Daily SMA200:  147.43 Levels:     Daily High:  149.5     Daily Low:  148.61     Weekly High:  147.26     Weekly Low:  143.22     Monthly High:  149.52     Monthly Low:  142.78     Daily Fibonacci 38.2%:  148.95     Daily Fibonacci 61.8%:  149.16     Daily Pivot Point S1:  148.5     Daily Pivot Point S2:  148.11     Daily Pivot Point S3:  147.61     Daily Pivot Point R1:  149.39     Daily Pivot Point R2:  149.88     Daily Pivot Point R3:  150.27  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 USD/CNY fix projection: 6.9459 – Nomura FX Street 3 years The past twenty-four hours have seen the GBP/JPY go lopsided, whipping between intraday peaks at 149.50 and near-term lows at 148.80, with a quick nosedive into 148.60 after the US Fed  left rates unchanged late on Thursday, and the intraday action is roiling into a rough range that leaves near-term moves in the lurch. GBP/JPY M5 Despite the near-term volatility affecting the Guppy, the mid-term view shows a significant bull run from the pair's clean break of the 200-hour moving average from 144.75, and the 50-hour moving average is providing near-term support from 148.75. GBP/JPY H1 Looking back to the… 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.
