• 701 days Will The ECB Continue To Hike Rates?
  • 702 days Forbes: Aramco Remains Largest Company In The Middle East
  • 703 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,103 days Could Crypto Overtake Traditional Investment?
  • 1,108 days Americans Still Quitting Jobs At Record Pace
  • 1,110 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,113 days Is The Dollar Too Strong?
  • 1,113 days Big Tech Disappoints Investors on Earnings Calls
  • 1,114 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,116 days China Is Quietly Trying To Distance Itself From Russia
  • 1,116 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,120 days Crypto Investors Won Big In 2021
  • 1,120 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,121 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,123 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,124 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,127 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,128 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,128 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,130 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

GBP/JPY - Successful Test of The Support at 185.02

GBP/JPY has declined sharply near the psychological resistance at 190.00. However, the support at 185.02 has spurred some buying interest, favouring a more sideways evolution. Hourly resistances can be found at 187.83 (intraday high) and 189.27 (intraday high). Another key support lies at 183.98.

In the long-term, the trend is positive as long as the key support at 178.74 (23/09/2014 high) holds. The break of the strong resistance at 180.72 (19/09/2014 high) opens the way for further strength. A key resistance stands at 197.45 (24/09/2008 high). A key support lies at 180.72 (19/09/2014 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment