GBP/JPY is currently trading at 145.61, having hit a high of 145.96 – a level last seen on Nov. 15. The relative strength index (RSI) on the hourly chart has diverged in favor of the bears. Therefore, daily lows near 145.30 could soon come into play, The overall outlook, however, will remain bullish as long as the spot is trading above the ascending (bullish) 10-day MA, currently at 143.80. Hourly chart Trend: Bear RSI divergence on 1H 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 LTC/USD showing bearish tendencies despite upward movement – Technical Analysis FX Street 4 years GBP/JPY is currently trading at 145.61, having hit a high of 145.96 - a level last seen on Nov. 15. The relative strength index (RSI) on the hourly chart has diverged in favor of the bears. Therefore, daily lows near 145.30 could soon come into play, The overall outlook, however, will remain bullish as long as the spot is trading above the ascending (bullish) 10-day MA, currently at 143.80. Hourly chart Trend: Bear RSI divergence on 1H 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.
