The GBP/JPY pair had been slowly gaining ground in the past three weeks, scaling above its 50-day simple moving average (SMA) and recording continuous higher highs. However, the pair has fallen under significant downside pressure in the past two sessions.
The momentum indicators bear a negative near-term tone. Specifically, the stochastic oscillator falls after posting a bearish cross, and the RSI is descending sharply below its 50-neutral mark.
If selling interests intensify further, the recent low of 168.38 could provide initial support. If that low collapses, the bears might go for the 158.05 barriers before the May low of 155.58 appears on the radar. Any further price declines could then stall at the March low of 151.00.
On the flip side, if buyers re-emerge and push the price higher, the 50-day SMA, currently at 164.00, might pose a resistance. Piercing through that zone, the price could ascend to challenge the 166.30 regions. An upside violation of the latter may open the door for the 6-year high of 168.70.
Generally, the GBP/JPY’s short-term picture seems to be deteriorating, but it is not yet bearish. Nevertheless, an obvious upscale above the 50-day SMA might bring about the resumption of the pair’s latest rebound.
You might also like: The GBP/USD Surges High on USD’s Frailty.
This Post Has 113 Comments
Way cool! Some very valid points! I appreciate you penning this post and the rest of the site is extremely good.
I am not really excellent with English but I get hold this real easygoing to translate.
Good article! We are linking to this great article on our website. Keep up the great writing.
Throughout the great pattern of things you’ll get an A just for effort. Where you confused everybody was on your facts. You know, as the maxim goes, details make or break the argument.. And it could not be more true at this point. Having said that, permit me tell you just what did do the job. The writing can be highly convincing and that is possibly the reason why I am making the effort to comment. I do not really make it a regular habit of doing that. Next, while I can easily notice a jumps in logic you come up with, I am not really certain of exactly how you seem to unite your ideas which in turn produce the actual conclusion. For the moment I will, no doubt yield to your point but trust in the foreseeable future you link your dots much better.
bookmarked!!, I really like your website.
After looking into a handful of the blog posts on your website, I honestly appreciate your technique of writing a blog. I saved it to my bookmark website list and will be checking back soon. Please check out my website as well and tell me how you feel.
It’s hard to come by knowledgeable people on this subject, however, you seem like you know what you’re talking about! Thanks
I really love your website.. Very nice colors & theme. Did you create this website yourself? Please reply back as I’m hoping to create my own blog and would like to learn where you got this from or what the theme is named. Kudos!
Aw, this was an exceptionally nice post. Spending some time and actual effort to create a really good article… but what can I say… I hesitate a lot and never manage to get nearly anything done.
That is the fitting blog for anyone who desires to search out out about this topic. You realize so much its almost onerous to argue with you (not that I actually would want…HaHa). You definitely put a new spin on a topic thats been written about for years. Nice stuff, simply nice!
bookmarked!!, I really like your website.
After I originally commented I appear to have clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I recieve four emails with the exact same comment. Is there an easy method you are able to remove me from that service? Thank you.
Howdy, I do think your site could possibly be having web browser compatibility problems. When I take a look at your blog in Safari, it looks fine but when opening in I.E., it’s got some overlapping issues. I simply wanted to provide you with a quick heads up! Aside from that, great website!
Good write-up. I definitely love this website. Thanks!
Very good information. Lucky me I found your blog by chance (stumbleupon). I have saved it for later!
That is a very good tip particularly to those fresh to the blogosphere. Simple but very precise information… Appreciate your sharing this one. A must read article.
Great post! We are linking to this great post on our site. Keep up the good writing.
An interesting discussion is definitely worth comment. I believe that you should write more on this issue, it may not be a taboo matter but typically folks don’t talk about such topics. To the next! Many thanks.
Nice post. I learn something new and challenging on blogs I stumbleupon every day. It’s always exciting to read articles from other writers and practice something from their sites.
Everything is very open with a precise clarification of the issues. It was truly informative. Your website is very useful. Many thanks for sharing!
There is certainly a lot to find out about this subject. I love all of the points you have made.
This blog was… how do I say it? Relevant!! Finally I have found something that helped me. Kudos.
Definitely, what a fantastic website and instructive posts, I definitely will bookmark your website.All the Best!
Good post. I learn something new and challenging on blogs I stumbleupon everyday. It’s always exciting to read articles from other authors and use a little something from other websites.
Outstanding post, you have pointed out some superb points, I also think this s a very good website.
After checking out a few of the articles on your website, I honestly appreciate your way of writing a blog. I book marked it to my bookmark webpage list and will be checking back soon. Please visit my website too and tell me your opinion.
You’re so interesting! I do not suppose I’ve truly read through something like this before. So wonderful to find somebody with unique thoughts on this subject. Seriously.. thanks for starting this up. This website is something that is required on the web, someone with a little originality.
Can I just say what a relief to discover somebody that actually understands what they’re talking about on the internet. You certainly know how to bring an issue to light and make it important. A lot more people must look at this and understand this side of your story. I was surprised that you’re not more popular given that you definitely have the gift.
Having read this I believed it was extremely informative. I appreciate you taking the time and energy to put this informative article together. I once again find myself personally spending a significant amount of time both reading and posting comments. But so what, it was still worthwhile!
Very interesting info!Perfect just what I was looking for!
Travel guide
I blog often and I really thank you for your content. The article has truly peaked my interest. I’m going to take a note of your website and keep checking for new information about once a week. I subscribed to your Feed too.
I absolutely love your site.. Great colors & theme. Did you make this web site yourself? Please reply back as I’m planning to create my own personal website and want to know where you got this from or exactly what the theme is named. Many thanks.
You could definitely see your expertise within the work you write. The arena hopes for even more passionate writers such as you who aren’t afraid to mention how they believe. At all times go after your heart.
Hello there! I simply want to give you a big thumbs up for your excellent information you have got right here on this post. I’ll be returning to your site for more soon.
I like looking through an article that can make men and women think. Also, thanks for allowing me to comment.
Good post. I learn something new and challenging on websites I stumbleupon everyday. It’s always useful to read through articles from other authors and use something from other sites.
There is certainly a great deal to know about this topic. I like all the points you’ve made.
There’s certainly a lot to find out about this issue. I love all of the points you’ve made.
Everything is very open with a very clear clarification of the challenges. It was truly informative. Your site is very useful. Thank you for sharing.
An impressive share! I’ve just forwarded this onto a colleague who was doing a little homework on this. And he in fact bought me breakfast due to the fact that I stumbled upon it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanks for spending the time to discuss this matter here on your internet site.
An outstanding share! I have just forwarded this onto a co-worker who had been doing a little homework on this. And he in fact ordered me breakfast due to the fact that I discovered it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanx for spending time to discuss this topic here on your site.
Hey there! I just want to give you a big thumbs up for the great info you’ve got right here on this post. I’ll be coming back to your site for more soon.
Excellent post. I absolutely appreciate this site. Keep writing!
I really love your blog.. Great colors & theme. Did you develop this website yourself? Please reply back as I’m wanting to create my own personal site and would like to know where you got this from or what the theme is called. Thank you!
Wonderful post! We are linking to this great content on our site. Keep up the good writing.
I quite like reading a post that can make people think. Also, many thanks for allowing me to comment.
This blog was… how do you say it? Relevant!! Finally I have found something that helped me. Appreciate it.
Good post. I learn something totally new and challenging on blogs I stumbleupon on a daily basis. It’s always helpful to read content from other writers and practice something from other sites.
you have got an amazing blog here! would you wish to make some invite posts on my weblog?
I always was concerned in this subject and still am, appreciate it for posting.
Greetings! Very useful advice within this post! It is the little changes which will make the largest changes. Thanks a lot for sharing!
You are so awesome! I do not suppose I’ve read a single thing like this before. So wonderful to discover another person with a few unique thoughts on this subject. Seriously.. thank you for starting this up. This site is one thing that’s needed on the internet, someone with a bit of originality.
Very nice article. I certainly love this site. Keep it up!
Those are yours alright! . We at least need to get these people stealing images to start blogging! They probably just did a image search and grabbed them. They look good though!
Hey there! I simply would like to give you a big thumbs up for your excellent information you’ve got right here on this post. I will be coming back to your web site for more soon.
An impressive share! I’ve just forwarded this onto a colleague who had been doing a little research on this. And he actually ordered me dinner due to the fact that I discovered it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanx for spending some time to talk about this topic here on your web page.
I’m really enjoying the design and layout of your site. It’s a very easy on the eyes which makes it much more enjoyable for me to come here and visit more often. Did you hire out a designer to create your theme? Excellent work!
You have made some good points there. I checked on the web for more info about the issue and found most individuals will go along with your views on this site.
I was able to find good info from your blog posts.
I and also my guys were reading the nice advice found on your web site and immediately developed an awful feeling I never expressed respect to the web blog owner for those techniques. Those guys were definitely totally very interested to study them and have in effect really been loving these things. Appreciation for simply being so kind and also for figuring out variety of magnificent subject matter most people are really desirous to know about. Our sincere regret for not saying thanks to you sooner.
Hey very cool web site!! Guy .. Excellent .. Wonderful .. I will bookmark your blog and take the feeds additionally…I am glad to find so many helpful info here within the submit, we’d like develop extra strategies on this regard, thanks for sharing.
Way cool! Some extremely valid points! I appreciate you writing this write-up and also the rest of the site is also really good.
You’re so interesting! I don’t suppose I’ve read through something like that before. So wonderful to find another person with a few genuine thoughts on this issue. Really.. thank you for starting this up. This site is one thing that’s needed on the web, someone with a little originality.
Sweet site, super pattern, rattling clean and utilise genial.
You made some decent points there. I looked on the web to learn more about the issue and found most people will go along with your views on this web site.
Dead indited articles, appreciate it for selective information.
Tonic Greens: An Overview Introducing Tonic Greens, an innovative immune support supplement meticulously crafted with potent antioxidants, essential minerals, and vital vitamins.
Very interesting topic, regards for putting up.?
Awsome post and straight to the point. I don’t know if this is in fact the best place to
ask but do you guys have any ideea where to employ
some professional writers? Thanks 🙂 Najlepsze escape roomy
What is Tea Burn? Tea Burn is a new market-leading fat-burning supplement with a natural patent formula that can increase both speed and efficiency of metabolism. Combining it with Tea, water, or coffee can help burn calories quickly.
What does the Lottery Defeater Software offer? The Lottery Defeater Software is a unique predictive tool crafted to empower individuals seeking to boost their chances of winning the lottery.
The other day, while I was at work, my sister stole my apple ipad and tested to see if it can survive a forty foot drop, just so she can be a youtube sensation. My iPad is now broken and she has 83 views. I know this is totally off topic but I had to share it with someone!
Nice read, I just passed this onto a colleague who was doing some research on that. And he just bought me lunch as I found it for him smile Thus let me rephrase that: Thank you for lunch!
What i don’t realize is in fact how you’re not actually a lot more neatly-appreciated than you may be right now. You are very intelligent. You understand thus significantly in terms of this subject, produced me for my part imagine it from numerous various angles. Its like women and men are not fascinated unless it is one thing to do with Girl gaga! Your own stuffs excellent. All the time deal with it up!
Great post. I was checking continuously this weblog and I am impressed! Very helpful information specially the final section 🙂 I deal with such information a lot. I was seeking this certain information for a very lengthy time. Thank you and good luck.
Very interesting subject, regards for putting up.
What i don’t realize is in fact how you’re now not actually much more smartly-favored than you might be now. You’re very intelligent. You know thus considerably in terms of this topic, made me for my part consider it from numerous numerous angles. Its like men and women aren’t involved unless it?¦s one thing to do with Lady gaga! Your personal stuffs nice. All the time maintain it up!
Utterly pent subject material, appreciate it for selective information. “He who establishes his argument by noise and command shows that his reason is weak.” by Michel de Montaigne.
Hi! I know this is kinda off topic but I’d figured I’d ask. Would you be interested in exchanging links or maybe guest writing a blog post or vice-versa? My website goes over a lot of the same subjects as yours and I feel we could greatly benefit from each other. If you are interested feel free to shoot me an email. I look forward to hearing from you! Awesome blog by the way!
I am forever thought about this, thankyou for posting.
Appreciate it for this marvelous post, I am glad I detected this website on yahoo.
It is perfect time to make a few plans for the longer term and it’s time to be happy. I’ve read this put up and if I may just I wish to suggest you some interesting issues or advice. Perhaps you can write subsequent articles referring to this article. I want to read even more issues about it!
Hello, Neat post. There is an issue with your site in internet explorer, would check this… IE still is the marketplace leader and a good part of folks will miss your fantastic writing because of this problem.
Fantastic web site. Lots of useful information here. I?¦m sending it to a few pals ans additionally sharing in delicious. And naturally, thanks in your effort!
I’m very happy to read this. This is the kind of manual that needs to be given and not the random misinformation that is at the other blogs. Appreciate your sharing this greatest doc.
ProvaDent is an all-natural, safe-to-take advanced oral probiotic complex that supports great dental health.
I am glad to be one of the visitants on this outstanding web site (:, thankyou for putting up.
This web site is really a walk-through for all of the info you wanted about this and didn’t know who to ask. Glimpse here, and you’ll definitely discover it.
Loving the info on this web site, you have done great job on the content.
It’s really a great and helpful piece of information. I’m glad that you shared this helpful info with us. Please keep us up to date like this. Thanks for sharing.
Hi there! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thank you for sharing!
I conceive other website owners should take this internet site as an model, very clean and fantastic user pleasant style.
Thanks a lot for sharing this with all of us you actually understand what you’re speaking about! Bookmarked. Please additionally discuss with my web site =). We may have a link alternate contract between us!
You got a very wonderful website, Sword lily I discovered it through yahoo.
Hello. Great job. I did not anticipate this. This is a remarkable story. Thanks!
Today, while I was at work, my cousin stole my iphone and tested to see if it can survive a thirty foot drop, just so she can be a youtube sensation. My apple ipad is now destroyed and she has 83 views. I know this is completely off topic but I had to share it with someone!
Hello my friend! I want to say that this post is amazing, great written and come with approximately all significant infos. I would like to look extra posts like this .
You should take part in a contest for one of the best blogs on the web. I will recommend this site!
Lottery Defeater Software is a digital tool designed to assist individuals in improving their chances of winning in various lotteries.
I do enjoy the way you have framed this situation plus it does indeed supply me some fodder for thought. Nonetheless, because of just what I have personally seen, I simply just trust as the remarks pile on that individuals remain on point and not start on a soap box of some other news of the day. All the same, thank you for this exceptional piece and whilst I can not necessarily agree with it in totality, I respect your viewpoint.
Your home is valueble for me. Thanks!…
Hello my friend! I wish to say that this article is awesome, nice written and come with almost all significant infos. I’d like to peer extra posts like this.
Hello! Would you mind if I share your blog with my facebook group? There’s a lot of folks that I think would really enjoy your content. Please let me know. Many thanks
Hiya, I am really glad I’ve found this info. Nowadays bloggers publish just about gossips and net and this is really frustrating. A good website with interesting content, this is what I need. Thanks for keeping this site, I will be visiting it. Do you do newsletters? Can not find it.
I am now not certain where you’re getting your info, however great topic. I needs to spend some time learning much more or understanding more. Thanks for magnificent information I used to be looking for this information for my mission.
Oprogramowanie do monitorowania telefonów komórkowych CellSpy jest bardzo bezpiecznym i kompletnym narzędziem, najlepszym wyborem do efektywnego monitorowania telefonów komórkowych. Aplikacja może monitorować różne typy wiadomości, takie jak SMS, e-mail i aplikacje do czatu, takie jak Snapchat, Facebook, Viber i Skype. Możesz wyświetlić całą zawartość urządzenia docelowego: lokalizację GPS, zdjęcia, filmy i historię przeglądania, dane wejściowe z klawiatury itp. https://www.xtmove.com/pl/how-to-see-what-someone-is-doing-on-their-phone-without-them-knowing/
Some times its a pain in the ass to read what website owners wrote but this internet site is real user pleasant! .
Hello there! I know this is kinda off topic nevertheless I’d figured I’d ask. Would you be interested in exchanging links or maybe guest authoring a blog post or vice-versa? My site discusses a lot of the same topics as yours and I feel we could greatly benefit from each other. If you are interested feel free to shoot me an e-mail. I look forward to hearing from you! Awesome blog by the way!
I precisely had to appreciate you all over again. I am not sure the things I would’ve tried without the actual suggestions shown by you relating to such a subject. It had been the difficult circumstance in my view, however , discovering a new skilled approach you handled that took me to cry over gladness. Extremely grateful for your advice and even hope that you find out what an amazing job you are getting into instructing others via a site. I am sure you’ve never come across any of us.
Spot on with this write-up, I actually suppose this website needs far more consideration. I’ll most likely be again to learn rather more, thanks for that info.
Very efficiently written story. It will be valuable to anyone who employess it, as well as yours truly :). Keep doing what you are doing – can’r wait to read more posts.
F*ckin¦ awesome issues here. I¦m very happy to peer your post. Thank you a lot and i am looking ahead to touch you. Will you please drop me a mail?
Good day! I just want to give you a big thumbs up for your excellent information you have here on this post. I am coming back to your web site for more soon.