“¢ Over the past 24-hours or so, the cross has been steadily moving higher along an ascending trend-line but lacked any strong follow-through beyond 50-hour SMA. “¢ Technical indicators on hourly charts have recovered from the negative territory and also started gaining positive momentum, supporting prospects for further intraday gains. “¢ However, oscillators on the daily chart maintain their bearish bias and hence, any further up-move might continue to confront some fresh supply near the 145.50-60 region. “¢ Alternatively, a convincing break below the mentioned trend-line support, near the 145.00 handle, might negate the positive outlook and prompt some fresh technical selling. GBP/JPY 1-hourly chart GBP/JPY Overview: Today Last Price: 145.23 Today Daily change: 35 pips Today Daily change %: 0.242% Today Daily Open: 144.88 Trends: Previous Daily SMA20: 146.22 Previous Daily SMA50: 146.82 Previous Daily SMA100: 145.74 Previous Daily SMA200: 147.03 Levels: Previous Daily High: 145.74 Previous Daily Low: 144.59 Previous Weekly High: 145.96 Previous Weekly Low: 144.01 Previous Monthly High: 149.52 Previous Monthly Low: 142.78 Previous Daily Fibonacci 38.2%: 145.03 Previous Daily Fibonacci 61.8%: 145.3 Previous Daily Pivot Point S1: 144.4 Previous Daily Pivot Point S2: 143.92 Previous Daily Pivot Point S3: 143.25 Previous Daily Pivot Point R1: 145.55 Previous Daily Pivot Point R2: 146.22 Previous Daily Pivot Point R3: 146.7 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 US Dollar Index eases from tops near 97.60, US GDP, Powell eyed FX Street 4 years "¢ Over the past 24-hours or so, the cross has been steadily moving higher along an ascending trend-line but lacked any strong follow-through beyond 50-hour SMA. "¢ Technical indicators on hourly charts have recovered from the negative territory and also started gaining positive momentum, supporting prospects for further intraday gains. "¢ However, oscillators on the daily chart maintain their bearish bias and hence, any further up-move might continue to confront some fresh supply near the 145.50-60 region. "¢ Alternatively, a convincing break below the mentioned trend-line support, near the 145.00 handle, might… 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.