GBP/JPY Technical Analysis: Pound drops 125 pips against Yen as UK lawmakers reject Cooper's 'extend article 50' amendment
GBP/JPY daily chart
- GBP/JPY is trading in a bear trend below the 100 and 200-day simple moving average (SMA).
- GBP/JPY dropped about 125 pips as UK lawmakers reject Cooper's 'extend article 50' amendment.
GBP/JPY 4-hour chart
- GBP/JPY is testing the 50 SMA on the 4-hour chart.
GBP/JPY 30-minute chart
- GBP/JPY broke below its main SMAs suggesting bearish momentum in the short-term.
- Bears will need to break 142.80 to extend the drop towards 142.10 support.
- To the upside, resistance is seen at 143.60 and 144.00 figure.
Additional key levels
GBP/JPY
Overview:
Today Last Price: 142.96
Today Daily change: -83 pips
Today Daily change %: -0.70%
Today Daily Open: 143.97
Trends:
Daily SMA20: 140.29
Daily SMA50: 141.86
Daily SMA100: 144.43
Daily SMA200: 145.26
Levels:
Previous Daily High: 144.73
Previous Daily Low: 143.6
Previous Weekly High: 144.85
Previous Weekly Low: 140.62
Previous Monthly High: 145.52
Previous Monthly Low: 138.86
Daily Fibonacci 38.2%: 144.03
Daily Fibonacci 61.8%: 144.3
Daily Pivot Point S1: 143.47
Daily Pivot Point S2: 142.97
Daily Pivot Point S3: 142.34
Daily Pivot Point R1: 144.6
Daily Pivot Point R2: 145.23
Daily Pivot Point R3: 145.73