GBP/JPY 4H Chart: Could aim at 136.07

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuySellSell
RSI(14)NeutralNeutralBuy
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuySellSell
SAR(0.02;0.2)BuySellSell
Aggregate

The Pound Sterling has appreciated about 1.03% in value against the Japanese Yen since last week trading sessions. The surge was stopped by a resistance level formed by the 100-hour SMA at 135.23.

As for the near future, it is likely that the GBP/JPY currency pair will aim for a resistance level formed by the 200-hour simple moving average at 138.07 in the coming days.

However, the 100-hour SMA, the monthly S1 and the weekly R1 near the 135.53 regions could provide resistance for the currency exchange rate during the following trading sessions.

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