GBP/JPY Price Analysis: Eases towards previous resistance surrounding 167.00
20.04.2023, 06:21

GBP/JPY Price Analysis: Eases towards previous resistance surrounding 167.00

  • GBP/JPY retreats from four-month high, prints the first daily loss in five.
  • Failures to stay beyond 168.00 joins bearish MACD signals to lure GBP/JPY bears.
  • Resistance-turned-support from early April, steady RSI prods pair sellers.
  • Upside break of the immediate trend line hurdle could aim for the late 2022 peak.

GBP/JPY prints mild losses around 167.50 heading into Thursday’s London open. In doing so, the cross-currency pair consolidates the four-day uptrend at the highest levels since late 2022.

That said, the bearish MACD signals join the quote’s repeated failure to stay beyond the 168.00 round figure to lure the GBP/JPY pair sellers.

However, the steady RSI (14) line and a 12-day-old descending trend line, previous resistance around 167.00, restrict the immediate downside of the quote.

Following that, multiple lows marked during mid-April, near 164.50-40, will be in the spotlight.

It should be noted that a one-week-old horizontal area of around 165.40-50 could offer an intermediate halt to the GBP/JPY pair sellers between 167.00 and 164.40.

On the flip side, a downward-sloping trend line stretched from the previous day’s peak, around 167.65 at the latest, could quickly portray the pair’s other attempt to surpass the 168.00 figure.

Also acting as a short-term key upside hurdle is the late 2022 peak of 169.27 and the 170.00 round figure, a break of which could highlight the November 2022 high of nearly 172.15.

GBP/JPY: Hourly chart

Trend: Pullback expected

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik