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2 Apr 2014
GBP/JPY slowing up on and capped at 173 handle
FXStreet (Guatemala) - GBP/JPY is trading at 172.61, up 0.15% on the day, having posted a daily high at 173.04 and low at 172.25.
GBP/JPY has had an impressive week so far, rallying up from 171 handle to score close on 173.00.
RSI neutral at top of rally
Looking to a daily chart, we see that RSI is neutral at 63.41. The 200 SMA is currently at 172.32, up from 170.19 at the last period close, and climbing on the hourly GBP/JPY chart. Moving in an upward trend, the exponential average closing price is 170.19.
GBP/JPY Levels
Current price is 172.63, with resistance ahead at 172.69 (Daily Classic R1), 172.78 (Monthly High), 173.02 (Daily Classic R2), 173.04 (Daily High) and 173.39 (Weekly Classic R2).
GBP/JPY has had an impressive week so far, rallying up from 171 handle to score close on 173.00.
RSI neutral at top of rally
Looking to a daily chart, we see that RSI is neutral at 63.41. The 200 SMA is currently at 172.32, up from 170.19 at the last period close, and climbing on the hourly GBP/JPY chart. Moving in an upward trend, the exponential average closing price is 170.19.
GBP/JPY Levels
Current price is 172.63, with resistance ahead at 172.69 (Daily Classic R1), 172.78 (Monthly High), 173.02 (Daily Classic R2), 173.04 (Daily High) and 173.39 (Weekly Classic R2).