GBP/JPY Price Analysis: Pound stays capped below 133.00 figure vs. yen

by

 

GBP/JPY four-hour chart

 
After attempting to break above the 133.00 resistance one more time, GBP/JPY remains choppy as the month of May comes to an end. As the overall trend remains bearish, sellers would be looking for a break below the 132.00 level with the possibility of a breakdown towards the 131.33 and 130.75 levels. On the other hand, the spot is expected to meet strong resistance near the 133.00 level. 
 

https://editorial.fxstreet.com/miscelaneous/240-637263664267045379.png

 
Resistance: 133.00, 133.87, 134.83
Support: 132.00, 131.33, 130.80
 

Additional key levels

GBP/JPY

Overview
Today last price132.65
Today Daily Change0.03
Today Daily Change %0.02
Today daily open132.62

 

Trends
Daily SMA20131.76
Daily SMA50132.73
Daily SMA100136.46
Daily SMA200137.27

 

Levels
Previous Daily High132.88
Previous Daily Low131.83
Previous Weekly High132.51
Previous Weekly Low129.32
Previous Monthly High135.75
Previous Monthly Low131.91
Daily Fibonacci 38.2%132.48
Daily Fibonacci 61.8%132.23
Daily Pivot Point S1132.01
Daily Pivot Point S2131.39
Daily Pivot Point S3130.95
Daily Pivot Point R1133.06
Daily Pivot Point R2133.5
Daily Pivot Point R3134.12