Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

GBP/JPY faces strong resistance at 200- day MA, break above targets 143

  • Major resistance – 141.60 (200- day MA)  
               
  • Major support -140
     
  • The pair jumped from the low of 140.17 till 141.47 at the time of writing. It is currently trading around 141.05.
     
  • GBP/JPY upside is capped by 200- day MA and any break above 141.55 will take the pair to next level till 142.58 (30- day EMA)/143.40 (61.8% retracement of 145.40 and 140.17).
     
  • Major support is around 140 and any break below will drag the pair down till 138.50 in the short term.

    It is good to buy above 141.60 with SL around 140.75 for the TP of 142.55/143

 

 

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

June 23 14:30 UTC Released

USECRI Weekly Annualized*

Actual

3.4 %

Forecast

Previous

3.7 %

June 23 14:30 UTC Released

USECRI Weekly Index*

Actual

143.7 %

Forecast

Previous

144.0 %

June 26 08:00 UTC 31453145m

GBIfo Expectations*

Actual

Forecast

Previous

106.5 k

June 26 08:00 UTC 31453145m

DEIfo Business Climate*

Actual

Forecast

114.4 bln BRL

Previous

114.6 bln BRL

June 26 08:00 UTC 31453145m

DEIfo Expectations*

Actual

Forecast

106.4 %

Previous

106.5 %

June 26 08:00 UTC 31453145m

DEIfo Current Conditions*

Actual

Forecast

123.3 mln

Previous

123.2 mln

June 26 08:30 UTC 31753175m

GBIfo Expectations*

Actual

Forecast

Previous

40.750 k

June 26 08:30 UTC 31753175m

BRBBA Mortgage Approvals

Actual

Forecast

Previous

40.750 k

June 26 11:00 UTC 33253325m

BRBBA Mortgage Approvals

Actual

Forecast

Previous

84.2 k

June 26 11:00 UTC 33253325m

RUFGV Consumer Conf*

Actual

Forecast

Previous

84.2 %

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.