The Pound Sterling (GBP) losses some ground against the Japanese Yen (JPY) on Wednesday but clings to the top of the Ichimoku Cloud (Kumo) at around 183.
GBP/JPY achieves losses of 0.54%, clinging to the top of the Ichimoku Cloud at 183.20s. Upbeat market sentiment and fears of Japanese authorities intervening could cap the potential rally. If GBP/JPY dives inside the Kumo, the first support is at 183.00, followed by Tenkan-Sen at 182.52. 20s, though it achieves losses of 0.54%. An upbeat market sentiment has capped the GBP/JPY fall inside the Kumo, which could open the door for further losses.
52, followed by the 182.00 mark. Once cleared, the next support would emerge at the bottom of the Kumo at 181.55/60, ahead of reaching the Kijun-Sen at 181.16. GBP/JPY Price Action – Daily chart GBP/JPY Technical Levels GBP/JPY Overview Today last price 183.16 Today Daily Change -1.14 Today Daily Change % -0.62 Today daily open 184.3 Trends Daily SMA20 182.27 Daily SMA50 182.89 Daily SMA100 182.64 Daily SMA200 174.25 Levels Previous Daily High 184.33 Previous Daily Low 181.
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