GBP / JPY pair
Higher timeframes
The support of the day's golden cross again helped the players to upgrade to the maximum, but on the way to a full recovery and development of the daily uptrend, the resistance of the weekly is still located at the dead cross (Kijun 150.77 + Fibo Kijun 152.14) and daytime cloud. The result of interaction with these resistances will determine the further development of events. The most significant support in the current situation is retaining its binding to the day's cross (Tenkan 149.30 + Kijun 147.80).
H4 - H1
Despite the depth of yesterday's decline, the designated support zone (149,07-40) did not miss the bears even on the H4. To date, the pair has worked two upward steps: updated the maximum (150.57) and fulfilled the goal for the breakdown of the H1 cloud. If the result of the current breakthrough is overcoming these resistance levels, then the following upward orientations are the levels of the older time intervals of 150.77 (weekly Kijun) and 151.64 (daytime Senkou Span B). The nearest support for today can be noted at 149.70 (Tenkan H4 + Kijun N1), 149.30 (Fibo Kijun H4 + cloud H1 + high-time levels) and 149.07 (Senkou Span B N4 + high-time levels).
