GBP/JPY Technical Analysis: Drifting lower as Yen bidders step up
- GBP/JPY peering over the edge as shortside action into 145.50 eats away at Wednesday's gains.
- A break of support from the 200-period moving average in the overnight session could see a bearish move extend its legs.
GBP/JPY, 5-Minute
- The past two weeks have been rough on the Guppy, caught in a rough sideways pattern.
- Swings higher have been met with hard selling, separating periods of rough chop, but the GBP/JPY may be making gains off of higher lows from November 20th's bottom.
GBP/JPY, 30-Minute
- The GBP/JPY is making a run higher on the 4-Hour candles, but heavy resistance from the 200-period moving average waits just above at the 146.00 handle.
GBP/JPY, 4-Hour
GBP/JPY
Overview:
Today Last Price: 145.59
Today Daily change: -16 pips
Today Daily change %: -0.110%
Today Daily Open: 145.75
Trends:
Previous Daily SMA20: 146.3
Previous Daily SMA50: 146.78
Previous Daily SMA100: 145.72
Previous Daily SMA200: 147.01
Levels:
Previous Daily High: 145.84
Previous Daily Low: 144.83
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%: 145.46
Previous Daily Fibonacci 61.8%: 145.22
Previous Daily Pivot Point S1: 145.11
Previous Daily Pivot Point S2: 144.46
Previous Daily Pivot Point S3: 144.09
Previous Daily Pivot Point R1: 146.12
Previous Daily Pivot Point R2: 146.49
Previous Daily Pivot Point R3: 147.13