{"id":1697,"date":"2021-08-11T13:55:34","date_gmt":"2021-08-11T16:55:34","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1697"},"modified":"2021-08-11T13:55:36","modified_gmt":"2021-08-11T16:55:36","slug":"gbpjpy-chops-with-support-at-the-100-hour-ma-trend-line","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/08\/11\/gbpjpy-chops-with-support-at-the-100-hour-ma-trend-line\/","title":{"rendered":"GBPJPY chops with support at the 100 hour MA\/trend line"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Resistance at 153.308<\/h2>\n\n\n\n<p>Traders have defined a low and high support and resistance level against some technical levels.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210811\/2021-08-11_9-09-32aaa.jpg\" alt=\"Resistance at 153.308\"\/><\/figure>\n\n\n\n<p>Looking at the hourly chart above, the&nbsp;100 hour moving average currently&nbsp;comes in at 152.907.That is near an&nbsp;the ports open trendline connecting lows from August 4,&nbsp;August 10 and again today.&nbsp; Holding those levels kept the buyers in play today.<br>On the topside, the highs from Friday yesterday and again today stalled within a swing area going back to July between 153.16 and 153.308. The current price is trading within that area at 153.22.&nbsp;<\/p>\n\n\n\n<p>If the buyers are to take\u00a0more control getting above the upper swing area now will be eyed.\u00a0 If done,\u00a0traders will next target the highs from July 13 and July 29 near\u00a0153.45.\u00a0<\/p>\n\n\n\n<p><em>Source:<a href=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/gbpjpy-chops-with-support-at-the-100-hour-matrend-line-20210811\" data-type=\"URL\" data-id=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/gbpjpy-chops-with-support-at-the-100-hour-matrend-line-20210811\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.forexlive.com\/technical-analysis\/!\/gbpjpy-chops-with-support-at-the-100-hour-matrend-line-20210811<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Resistance at 153.308 Traders have defined a low and high support and resistance level against some technical levels.\u00a0 Looking at the hourly chart above, the&nbsp;100 hour moving average currently&nbsp;comes in at 152.907.That is near an&nbsp;the ports open trendline connecting lows from August 4,&nbsp;August 10 and again today.&nbsp; Holding those levels kept the buyers in play [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1031,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1697","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1697"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1697\/revisions"}],"predecessor-version":[{"id":1698,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1697\/revisions\/1698"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1031"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}