The Pound Sterling (GBP) losses some ground against the Japanese Yen (JPY) on Wednesday but clings to the top of the Ichimoku Cloud (Kumo) at around 183.
GBP/JPY achieves losses of 0.54%, clinging to the top of the Ichimoku Cloud at 183.20s. Upbeat market sentiment and fears of Japanese authorities intervening could cap the potential rally. If GBP/JPY dives inside the Kumo, the first support is at 183.00, followed by Tenkan-Sen at 182.52. 20s, though it achieves losses of 0.54%. An upbeat market sentiment has capped the GBP/JPY fall inside the Kumo, which could open the door for further losses.
52, followed by the 182.00 mark. Once cleared, the next support would emerge at the bottom of the Kumo at 181.55/60, ahead of reaching the Kijun-Sen at 181.16. GBP/JPY Price Action – Daily chart GBP/JPY Technical Levels GBP/JPY Overview Today last price 183.16 Today Daily Change -1.14 Today Daily Change % -0.62 Today daily open 184.3 Trends Daily SMA20 182.27 Daily SMA50 182.89 Daily SMA100 182.64 Daily SMA200 174.25 Levels Previous Daily High 184.33 Previous Daily Low 181.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GBP/JPY surges above the 182.00 mark following the BoJ rate decisionThe GBP/JPY cross surges above the 182.00 mark during the Asian trading hours on Tuesday.
Read more »
GBP/JPY reclaims 184.00 on Tuesday as Yen gets yanked back down by dovish BoJThe GBP/JPY is climbing back over the 184.00 handle for Tuesday, with the Yen (JPY) getting punished after the Bank of Japan (BoJ) struck a far more dovish tone than markets were prepared for, even as Japanese inflation forecasts tick higher.
Read more »
GBP/JPY remains offered below 184.00 amid intervention fears; focus shifts to BoE on ThursdayThe GBP/JPY cross comes under some selling pressure on Wednesday and erodes a part of the previous day's strong gains to the 184.
Read more »
Silver Price Analysis: XAG/USD price retreats below $23.00 as double-top loomsSilver price trips down and aims below the $23.00 mark, which was briefly visited by the grey metal and capped by a strong recovery from the Greenback.
Read more »
EUR/JPY Price Analysis: Soars to new 15-year high, above 160.00EUR/JPY rallies to a new year-to-date (YTD) high of 160.85, closing Tuesday’s session with gains of more than 1.
Read more »
USD/JPY Price Analysis: Remains above 151.00 post retreating from a yearly highUSD/JPY consolidates near 151.20 during the European session on Wednesday, pulling back from the recent yearly high of 151.
Read more »