GBP/JPY Technical Analysis: Sterling at daily lows below 144.50 against Yen

GBP/JPY daily chart

• GBP/JPY is trading in consolidation mode below its 200-day simple moving averages (SMA). 

GBP/JPY 4-hour chart

• GBP/JPY is trading below its 200 SMA suggesting a bearish bias in the medium-term.

GBP/JPY 30-minute chart

• GBP/JPY is trading below its main SMAs suggesting a bearish bias in the short-term.
• The next supports on the bears radar are 144.05 and 143.50 level.
• To the upside, resistance is at 144.60 and 145.20 level.

Additional key levels