- GBP/JPY drops over 0.50% to 186.32 amid cautious sentiment following Powell's rate cut hints.
- New lower low suggests further possible decline to 185.22, contingent on breaking below current supports.
- Recovery above Tenkan-Sen (186.89) could open path to resistances up to 189.00.
The GBP/JPY finished the North American session in negative territory, down more than 0.50%, after hitting a daily high of 187.61. A risk-off impulse following Federal Reserve Chair Jerome Powell's Sunday interview, in which he emphasized they would likely cut three times and begin to ease policy toward the first half of the year. At the time of writing, the pair exchanges hands at 186.32.
GBP/JPY edged lower on Monday, registering a lower low, which could open the door to test last week’s low of 185.22, but traders must clear the first support level seen at the 186.00 figure. Once cleared, the former would be up next, followed by the Kijun-Sen at 183.83.
Conversely, the pair could resume its uptrend if buyers regained the Tenkan-Sen at 186.89, followed by the 187.00 figure. A breach of the latter will expose the January 19 high at 188.93, followed by the 189.00
- GBP/JPY drops over 0.50% to 186.32 amid cautious sentiment following Powell's rate cut hints.
- New lower low suggests further possible decline to 185.22, contingent on breaking below current supports.
- Recovery above Tenkan-Sen (186.89) could open path to resistances up to 189.00.
The GBP/JPY finished the North American session in negative territory, down more than 0.50%, after hitting a daily high of 187.61. A risk-off impulse following Federal Reserve Chair Jerome Powell's Sunday interview, in which he emphasized they would likely cut three times and begin to ease policy toward the first half of the year. At the time of writing, the pair exchanges hands at 186.32.
GBP/JPY edged lower on Monday, registering a lower low, which could open the door to test last week’s low of 185.22, but traders must clear the first support level seen at the 186.00 figure. Once cleared, the former would be up next, followed by the Kijun-Sen at 183.83.
Conversely, the pair could resume its uptrend if buyers regained the Tenkan-Sen at 186.89, followed by the 187.00 figure. A breach of the latter will expose the January 19 high at 188.93, followed by the 189.00
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
暫無評論，立馬搶沙發