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17 Jun 2013
GBP/JPY unable to break above 149.40
FXstreet.com (San Francisco) - The GBP/JPY has been rejected by the 149.40 again and now the pair is trading at intra-day lows around 148.30.
After trading sideways between in 148.80 and 149.40, the GBP/JPY has been rejected again by the top of the range and currently it's pricing at daily lows around 148.30. The pair is 0.13% still positive but short term perspective is slightly bearish according to the FXstreet.com trend index.
GBP/JPY points to the south
Indicators such as MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish in the 15-minute chart. Below 148.30, next supports are at 147.70 and 147.40. On the upside, resistances are at 149.40, 150.00 and 150.50.
After trading sideways between in 148.80 and 149.40, the GBP/JPY has been rejected again by the top of the range and currently it's pricing at daily lows around 148.30. The pair is 0.13% still positive but short term perspective is slightly bearish according to the FXstreet.com trend index.
GBP/JPY points to the south
Indicators such as MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish in the 15-minute chart. Below 148.30, next supports are at 147.70 and 147.40. On the upside, resistances are at 149.40, 150.00 and 150.50.