GBP/JPY Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The GBP/JPY 1-hour chart shows a wide range holding between support around 212.500 and resistance near 215.600. After consolidating lower down between 212.500 and 213.500, price pushed up sharply, slicing through intermediate resistance at 213.900 toward the 215.000 level. Sellers quickly stepped in at 215.000 though, pushing price right back down toward 214.641.

Where things go next really comes down to how price reacts to these nearby levels. If this pullback keeps going, that old resistance around 213.900 should act as support, giving buyers a spot to jump back in for another move toward 215.000 and eventually 215.600. On the flip side, if sellers push price back below 213.900, we'll likely see a slip back toward the lower end of the range.





Back to articles

Actual Topics

Wed, 22 Jul 2026 14:17:28 GMT

Gold Technical Analysis

The short-term technical setup on the 4-hour chart strongly favors a bullish outlook, driven by recent price structure and trend indicators. After bouncing strongly off the 3950.00 baseline support, XAU/USD has produced a sequence of higher highs and higher lows accompanied by solid buying momentum. Furthermore, price is trading cleanly above the upward-sloping SMA, which reinforces near-term upside trajectory toward

Wed, 22 Jul 2026 08:12:14 GMT

GBP/USD Technical Analysis

On the 1-hour GBP/USD chart, price action is currently consolidating at 1.33795 after bouncing off key horizontal support near 1.33500, which aligns with the lower boundary of a descending corrective channel formed after a rally to 1.35500. The immediate bias remains neutral-to-bearish while held within the channel, but a sustained push above immediate horizontal resistance at 1.34000 could propel price

Tue, 21 Jul 2026 06:54:25 GMT

XAG/USD Technical Analysis: Silver Surges Above 30 SMA Toward Key $60 Level

Following a V-shaped recovery from its low near 55.05, XAG/USD has demonstrated strong bullish momentum by surging above its 30-period SMA (56.915) to trade near 58.893. The sharp breakout above former resistance at 57.75 indicates aggressive buying interest, opening the path for a retest of the major high at 59.900. However, if price faces exhaustion at current levels, a minor

Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.