GBP/JPY Technical Analysis: Swinging back over 148.00

  • The GBP/JPY has been making halting progress after recovering from the week’s early slip, and buyers continue to remain to the positive side despite ongoing Brexit tensions, which could come to a head at Wednesday’s EU leadership summit in Brussels.
  • The 50-period moving average is helping to drag the pair higher of the charts as time wears on, and the 200-period is rolling over into a bullish stance, but the Guppy could still see a retracement to the major indicator before continuing higher.
  • Traders should watch for a break of rising swing lows to indicate tension on the intraday charts.

GBP/JPY Chart, 15-Minute


    Last Price: 148.16
    Daily change: 18 pips
    Daily change: 0.122%
    Daily Open: 147.98
    Daily SMA20: 148.18
    Daily SMA50: 145.35
    Daily SMA100: 145.84
    Daily SMA200: 148.04
    Daily High: 148.42
    Daily Low: 146.89
    Weekly High: 149.52
    Weekly Low: 147.17
    Monthly High: 149.72
    Monthly Low: 146.32
    Daily Fibonacci 38.2%: 147.83
    Daily Fibonacci 61.8%: 147.47
    Daily Pivot Point S1: 147.11
    Daily Pivot Point S2: 146.24
    Daily Pivot Point S3: 145.58
    Daily Pivot Point R1: 148.63
    Daily Pivot Point R2: 149.29
    Daily Pivot Point R3: 150.16


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