GBP/JPY Technical Analysis: Sterling sub-145.00 against Yen as Brexit saga goes on


content provided with permission by FXStreet

GBP/JPY daily chart

  • GBP/JPY is trading in a consolidation below its 200-day simple moving averages (SMA). 
  • Brexit Vote 3 Quick Analysis: Parliament took the pound down, but could lift it on Monday.

GBP/JPY 4-hour chart

  • GBP/JPY is trading below its 200 SMA suggesting a bearish bias in the medium-term.


GBP/JPY 30-minute chart

  • GBP/JPY is trading below its main SMAs suggesting a bearish bias in the short-term.
  • On the way down, the next supports are 144.05 and 143.50 level.
  • Resistance is at 144.60 and 145.20 level.


Additional key levels