GBP/JPY at 2-month high near 133.90

Forex Special :-
                           The GBP/JPY extends daily gains to the upside over the NY session, adding some 70 pips in the last hour as the yen comes under heavy pressure. Most recently the pair notched a fresh 2-month high in 133.87, before running out of momentum and attempting to form a base for further gains.


At time of writing, the GBP/JPY quotes slightly consolidated at 133.75 where it remains in range to break towards the 134.00 psychological barrier. According to Mataf.net, immediate resistance above is listed at 133.80 and 134.50, while support is listed at 133.00, 132.80 and 132.25.

GBP/JPY (Nov 18 at 17:22 GMT)

134.04/18 (1.35%)

H 134.24 L 132.235

S3S2S1R1R2R3
131.23131.56131.89132.66132.99133.33
[?]Trend Index[?]OB/OS Index
Strongly BullishNeutral
Data updated on Nov 18 at 17:15 (15-minute timeframe)

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