GBP/JPY Technical Analysis: Taking a run at 148.00

  • The GBP/JPY is teasing a break into the 148.00 technical level in early Tuesday's action, lifting from the day's opening bids near 147.60 as the pair continues to find support from the 50-period moving average, currently resting near 147.80.

GBP/JPY M5

  • Hourly candles have the Guppy overextended with 1-Hour indicators pinned near overbought conditions, but the pair is showing little signs of slowing as the GBP/JPY heads further north from the 200-hour moving average at 145.00.

GBP/JPY H1

  • The past eight weeks shows the GBP/JPY grinding steadily higher to return to September's previous consolidation zone, and continued buying will see resistance from familiar levels near the upper bound at the 149.00 handle.

GBP/JPY H4

GBP/JPY

Overview:
    Last Price: 147.96
    Daily change: 32 pips
    Daily change: 0.217%
    Daily Open: 147.64
Trends:
    Daily SMA20: 146.3
    Daily SMA50: 146.38
    Daily SMA100: 145.69
    Daily SMA200: 147.51
Levels:
    Daily High: 147.82
    Daily Low: 146.86
    Weekly High: 147.26
    Weekly Low: 143.22
    Monthly High: 149.52
    Monthly Low: 142.78
    Daily Fibonacci 38.2%: 147.45
    Daily Fibonacci 61.8%: 147.22
    Daily Pivot Point S1: 147.06
    Daily Pivot Point S2: 146.48
    Daily Pivot Point S3: 146.1
    Daily Pivot Point R1: 148.01
    Daily Pivot Point R2: 148.39
    Daily Pivot Point R3: 148.97

 

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