GBP/JPY Technical Analysis: Slip from 143.00 sees Guppy set for a further decline

  • GBP/JPY stuck near Friday's lows at 142.38, with intraday resistance marked in firmly at the 61.8% Fibo retracement near 143.30; bidders saw the 143.00 handle evaporate on Friday as Sterling's technical outlook continues to weaken.

GBP/JPY, 5-Minute

  • The past two weeks see the Guppy getting wrapped into a constraining pattern ahead of the Christmas holiday slowdown, but a fresh break lower will see new territory as support remains consistently weaker.

GBP/JPY, 30-Minute

  • GBP/JPY flubbed a bullish break of descending resistance last week, leaving the pairing exposed to another bearish breakdown, as the past two months see the Guppy on pace to tick into fresh three-month lows.

GBP/JPY, 4-Hour

GBP/JPY

Overview:
    Today Last Price: 142.7
    Today Daily change: 4.0 pips
    Today Daily change %: 0.0280%
    Today Daily Open: 142.66
Trends:
    Previous Daily SMA20: 144.15
    Previous Daily SMA50: 145.65
    Previous Daily SMA100: 145.31
    Previous Daily SMA200: 146.74
Levels:
    Previous Daily High: 143.92
    Previous Daily Low: 142.38
    Previous Weekly High: 143.94
    Previous Weekly Low: 141.18
    Previous Monthly High: 149.5
    Previous Monthly Low: 144.02
    Previous Daily Fibonacci 38.2%: 142.97
    Previous Daily Fibonacci 61.8%: 143.33
    Previous Daily Pivot Point S1: 142.05
    Previous Daily Pivot Point S2: 141.45
    Previous Daily Pivot Point S3: 140.51
    Previous Daily Pivot Point R1: 143.59
    Previous Daily Pivot Point R2: 144.53
    Previous Daily Pivot Point R3: 145.13

 

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