Technical analytics

GBPJPY

Bears still have the ball. 

GBPJPY

The pound continued to lose value on Tuesday. A fresh wave of the sterling selling interest emerged in the morning. 

GBPJPY

The offered tone around the pound is still in place. 

GBPJPY

GBP/JPY pair continued bottoming between the 147.00 and 146.00 level. 

GBPJPY

GBP/JPY started the day around 149.00. 

GBPJPY

A pull back from 150.00 stalled at 149.00. Sellers were ready to regain this level, when a strong buying interest emerged and sent the rate to the 149.50 area. 

GBPJPY

A failure test of the level 150.00 caused a sell-off to the 149.00 handle. 

GBPJPY

A fresh buying impetus emerged on Tuesday. Buyers were struggling hard to reclaim the level 149.00 the whole day, but failed. 

GBPJPY

Buyers failed to retake the level 131.50 on Monday. The 100 and 200 EMAs blocked their way and rejected the price downwards. 

GBPJPY

Renewed GBP weakness helped the yen to regain some traction.