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12 Aug 2013
GBP/JPY holds above 149.20
FXstreet.com (San Francisco) - After retreating from intra-day highs at 149.90 and falling to test the 149.20, the GBP/JPY seems to have found support at this level with the pair consolidating prices around 149.35.
Currently, the GBP/JPY is trading at 149.40, 0.13% positive on the day. The short term perspective is now slightly bullish according to the FXstreet.com trend index in the 15-minute chart according to the FXstreet.com trend index.
GBP/JPY technical bias:
Indicators such as CCI and Momentum are pointing to the north. However, the MACD and the Stochastic are neutral in the 15 minutes timeframe too. On the downside, immediate support is at 149.20, just ahead of 148.85 and 148.20. On the upside, resistances are at 149.50, 149.90 and 150.00.
Currently, the GBP/JPY is trading at 149.40, 0.13% positive on the day. The short term perspective is now slightly bullish according to the FXstreet.com trend index in the 15-minute chart according to the FXstreet.com trend index.
GBP/JPY technical bias:
Indicators such as CCI and Momentum are pointing to the north. However, the MACD and the Stochastic are neutral in the 15 minutes timeframe too. On the downside, immediate support is at 149.20, just ahead of 148.85 and 148.20. On the upside, resistances are at 149.50, 149.90 and 150.00.