The GBP/JPY is flatlined for the second consecutive day, hovering around 192.30, clocking minimal gains of 0.05%. The cross-pair remains unable to crack the 191.90/192.80 range for the third straight day amid fears of Japanese authorities' intervention.
The GBP/JPY remains above the Ichimoku Cloud (Kumo), suggesting the pair is bullish. However, it is consolidating as the distance between the Senkou Span A and B shrank, the same case with the Tenkan and Kijun-Sen levels, standing beneath the price action, at 191.46 and 191.06, respectively.
If the pair slips below 192.00, the Tenkan and Kijun Sen levels will be exposed. Further losses are seen if the cross tumbles below the confluence of an upslope support trendline and the 50-day moving average (DMA) at 190.55.
On the flip side, a break above resistance, seen at 192.80, could signal a continuation of the uptrend. The first supply zone to challenge would be 193.00, followed by the year-to-date (YTD) high at 193.54.
Overview | |
---|---|
Today last price | 192.36 |
Today Daily Change | 0.08 |
Today Daily Change % | 0.04 |
Today daily open | 192.28 |
Trends | |
---|---|
Daily SMA20 | 191.55 |
Daily SMA50 | 190.53 |
Daily SMA100 | 187.4 |
Daily SMA200 | 185.46 |
Levels | |
---|---|
Previous Daily High | 192.84 |
Previous Daily Low | 191.68 |
Previous Weekly High | 193.02 |
Previous Weekly Low | 190 |
Previous Monthly High | 193.54 |
Previous Monthly Low | 187.96 |
Daily Fibonacci 38.2% | 192.4 |
Daily Fibonacci 61.8% | 192.13 |
Daily Pivot Point S1 | 191.69 |
Daily Pivot Point S2 | 191.11 |
Daily Pivot Point S3 | 190.53 |
Daily Pivot Point R1 | 192.85 |
Daily Pivot Point R2 | 193.43 |
Daily Pivot Point R3 | 194.01 |
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