The Sterling is stuck in a rough sideways pattern against the safe-haven Yen and is currently knocking into an intraday support zone, though swing levels abound and an exit from the current ranges will need a confirmation before deciding directionality. Brexit headlines have been thin since Prime Minister Theresa May took over negotiations for a smooth exit from the EU, but a lack of forward momentum on negotiations recently has been a weight on Pound. GBP/JPY Chart, 15-Minute Spot rate: 145.75 Relative change: Negligible High: 145.80 Low: 145.71 Trend: Flat Support 1: 145.45 (previous week low) Support 2: 145.17 (July 2nd swing low) Support 3: 143.76 (late June swing low) Resistance 1: 146.50 (current week high) Resistance 2: 147.83 (61.8% Fibo retracement level) Resistance 3: 149.30 (one month 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 Market wrap: broad sentiment failed to lift – Westpac FX Street 5 years The Sterling is stuck in a rough sideways pattern against the safe-haven Yen and is currently knocking into an intraday support zone, though swing levels abound and an exit from the current ranges will need a confirmation before deciding directionality. Brexit headlines have been thin since Prime Minister Theresa May took over negotiations for a smooth exit from the EU, but a lack of forward momentum on negotiations recently has been a weight on Pound. GBP/JPY Chart, 15-Minute Spot rate: 145.75 Relative change: Negligible High: 145.80 Low: 145.71 Trend: Flat Support… 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.
