“¢ Despite showing some resilience near 50-day SMA, the cross struggled to register any meaningful recovery and remained within striking distance of near two-week lows set last Thursday. “¢ Given that the cross has already broken through a 2-1/2 month ascending trend-line, the fact that oscillators on the daily chart have just started gaining negative traction point to further downside. “¢ Hence, any attempted bounce towards the 146.00 handle seems more likely to be used as selling opportunities for an eventual test of the 143.75-70 region en-route the 143.00 round figure mark. GBP/JPY daily chart 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 GBP/USD: Bears taking back charge below 1.3200 amid Brexit uncertainty FX Street 4 years "¢ Despite showing some resilience near 50-day SMA, the cross struggled to register any meaningful recovery and remained within striking distance of near two-week lows set last Thursday. "¢ Given that the cross has already broken through a 2-1/2 month ascending trend-line, the fact that oscillators on the daily chart have just started gaining negative traction point to further downside. "¢ Hence, any attempted bounce towards the 146.00 handle seems more likely to be used as selling opportunities for an eventual test of the 143.75-70 region en-route the 143.00 round figure mark. GBP/JPY daily… 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.
