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Thomson Reuters
May 15 - 12:12 AM
GBP/JPY - Holding Steady, More Buoyant Than Not
First appeared on eFXplus on May 14 - 09:50 PM
  • GBP/JPY recently more buoyant, towards top of recent range, 149.30 on 5/10.
  • Asia so far 148.60-92, holding under ascending 200-DMA, descending 55-DMA.
  • 200-DMA at 149.25, brief breaks above 5/9-10 rejected, 55-DMA at 149.44.
  • Cross also below ascending base of daily Ichi cloud, today 149.69.
  • Plenty resistance above but good support at hourly Ichi kijun at 148.54.
  • Moves to and below this kijun line rejected since yesterday.

GBP/JPY: Click here

Source:
Thomson Reuters IFR Markets

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