GBP/JPY continues to battle 200.00 region with BoJ in the pipeline
10.06.2024, 21:05

GBP/JPY continues to battle 200.00 region with BoJ in the pipeline

  • GBP/JPY pinned to 200.00 handle in rough price action.
  • Japan GDP disappointment gives way to BOJ rate call on Friday.
  • UK labor figures due Wednesday, unemployment claims expected to rise.

GBP/JPY continues to churn around 200.00 in choppy intraday action on Monday, extending a near-term consolidation phase as both currencies grapple with disappointment in economic data.

Japanese Gross Domestic Product (GDP) growth declined in Q1, contracting -0.5% QoQ. Easing economic figures will make it even more difficult for the Bank of Japan (BoJ) to unglue itself from a hyper-easy monetary policy stance, and investors will be focusing down the BoJ’s rate call and policy statement due early Friday.

UK labor data is due in the Tuesday market session, and markets are expecting an uptick in monthly Claimant Count Change figures in May. Median market forecasts expect a rise to 10.2K from the previous 8.9K. The ILO Unemployment Rate is expected to hold steady at 4.3% for the three-month period through April, while investors will be keeping a close eye on the 3-month Employment Change through April which last showed a -177K contraction in UK employed positions.

GBP/JPY technical outlook

Hourly candles have turned into a sideways affair, driving into a rough consolidation pattern around the 200-hour Exponential Moving Average (EMA) at 199.38. The pair recovered from a recent dip to June’s lows near 197.50, but the Guppy still remains down from multi-decade highs above 200.60.

GBP/JPY hourly chart

GBP/JPY daily chart

WTI US OIL

Overview
Today last price 77.9
Today Daily Change 2.72
Today Daily Change % 3.62
Today daily open 75.18
 
Trends
Daily SMA20 77.32
Daily SMA50 80.44
Daily SMA100 79.12
Daily SMA200 79.39
 
Levels
Previous Daily High 75.98
Previous Daily Low 75
Previous Weekly High 77.36
Previous Weekly Low 72.46
Previous Monthly High 81.25
Previous Monthly Low 76.04
Daily Fibonacci 38.2% 75.37
Daily Fibonacci 61.8% 75.61
Daily Pivot Point S1 74.79
Daily Pivot Point S2 74.4
Daily Pivot Point S3 73.81
Daily Pivot Point R1 75.78
Daily Pivot Point R2 76.37
Daily Pivot Point R3 76.76

 

 

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik