The GBP/JPY’s technical bounce from Tuesday’s low is already facing challenges. Sterling is steeply off of early June’s levels as the bearish run accelerates. Lack of impactful economic data for the GBP ahead of Thursday’s BoE rate call leaves market sentiment in control. GBP/JPY Chart, 1-Hour Spot rate: 144.63 Relative change: -0.23% High: 144.95 Low: 144.58 Trend: Bearish Support 1: 144.38 (current week low) Support 2: 143.80 (61.8% Fibo expansion level) Support 3: 143.19 (May low) Resistance 1: 144.95 (current day high, major technical level) Resistance 2: 145.70 (38.2% Fibo retracement level) Resistance 3: 147.98 (previous week high) 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 EUR/USD 1-month risk reversal hit 13-month low, puts in demand FX Street 3 years The GBP/JPY's technical bounce from Tuesday's low is already facing challenges. Sterling is steeply off of early June's levels as the bearish run accelerates. Lack of impactful economic data for the GBP ahead of Thursday's BoE rate call leaves market sentiment in control. GBP/JPY Chart, 1-Hour Spot rate: 144.63 Relative change: -0.23% High: 144.95 Low: 144.58 Trend: Bearish Support 1: … 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.
