Chart GBP/JPY Update: Extending gains, but stretched

May 15, 2024 6:43 AM UTC

Pressure remains on the upside with gains reaching the 197.00 level and 61.8% Fibonacci retracement

Chart GBP/JPY Update: Extending gains - room to 197.00, 61.8% Fibonacci level

May 14, 2024 6:59 AM UTC

 Pressure remains on the upside as prices extends gains from the 191.30 support

Chart GBP/JPY Update: Extending gains, room to 195.75/196.00 resistance

May 13, 2024 6:35 AM UTC

Pressure remains on the upside as prices extends gains from the 191.30 support

Chart GBP/JPY Update: Extending gains, 195.75/196.00 next

May 10, 2024 7:15 AM UTC

Break above the 193.55 resistance see prices extending bounce from the 191.30 support and unwind the oversold daily studies

Chart GBP/JPY Update: Extend bounce from the 191.30 support

May 8, 2024 7:15 AM UTC

Break above the 193.55 resistance see prices extending bounce from the 191.30 support

Chart GBP/JPY Update: Higher in consolidation from the 191.30 support

May 6, 2024 6:43 AM UTC

Steadied at the 191.30 support and bounce here see prices unwinding the oversold intraday studies

Chart GBP/JPY Update: Room for deeper pullback from the 200.55 high

May 3, 2024 6:12 AM UTC

Consolidation above the 193.55 support has given way to selling pressure and retest the 192.00/191.76, congestion and mid-week low

Chart GBP/JPY Update: Room to extend pullback from 200.55 high

May 2, 2024 7:16 AM UTC

Turned up in consolidation above 193.55 support as prices unwind oversold intraday studies

Chart GBP/JPY Update: Consolidating, scope for deeper pullback from 200.55 high

April 30, 2024 7:11 AM UTC

Turned up from support at the 194.00/193.55 congestion to consolidate sharp rejection from the 200.55 high

Chart GBP/JPY Update: Scope for deeper pullback from 200.54 high

April 29, 2024 6:55 AM UTC

Saw break above the 198.00 level to reach the 200.00 figure before reversing from the 200.54 high

Chart GBP/JPY Update: Poised for retest of 195.85, 2015 year high

April 26, 2024 6:32 AM UTC

Further extend the underlying bull trend from the 2020 year low following bullish breakout from the 193.55, March high

Chart GBP/JPY Update: Focus shift to 195.85, 2015 year high

April 25, 2024 6:43 AM UTC

Choppy trade below the 193.55/193.00 high has given way to break to further extend the underlying bull trend from the 2020 year low

Chart GBP/JPY Update: Choppy within the 193.00/190.00 area, lower later

April 23, 2024 7:14 AM UTC

Extending choppy trade within the 193.00/190.00 range area but pressure building on the downside

Chart GBP/JPY Update: Extending choppy trade above 190.00 level

April 19, 2024 6:47 AM UTC

No follow-through on break of the 191.30 support 

Chart GBP/JPY Update: Extending consolidation at the 192.00 level

April 18, 2024 7:06 AM UTC

Extending consolidation at the 192.00 level

Chart GBP/JPY Update: Poised for retest of 193.00 and 193.55 YTD high

April 17, 2024 6:55 AM UTC

Poised for retest of the 193.00 level then 193.55, March YTD high.

Chart GBP/JPY Update: Weighing on 178.53/178.00 support, break in focus

December 14, 2023 7:56 AM UTC

Asterisk denotes strength of level
07:45 GMT - Rejection from the 184.00/184.45 resistance has seen steep drop to retest the 178.53/178.00 support and 200-day MA. Negative daily and weekly studies suggest scope for break here to extend losses from the November YTD high. Break will see deeper pullback

Chart GBP/JPY Update: Corrective bounce checked at 184.00/45 resistance

December 12, 2023 7:20 AM UTC

Asterisk denotes strength of level
07:10 GMT - Saw rebound from the 178.53 low last week as prices unwind the oversold intraday and daily studies to reach strong resistance at the 184.00/184.45 area. Gains beyond this, if seen, will open up stronger recovery to the 185.05/186.00 area. Corrective boun