{"id":169154,"date":"2023-10-06T04:29:44","date_gmt":"2023-10-05T22:59:44","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=169154"},"modified":"2023-10-06T04:29:44","modified_gmt":"2023-10-05T22:59:44","slug":"oscillates-below-the-kumo-with-buyers-eyeing-181-60s-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/oscillates-below-the-kumo-with-buyers-eyeing-181-60s-crypto-news\/","title":{"rendered":"Oscillates below the Kumo, with buyers eyeing 181.60s &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>GBP\/JPY registers a 0.50% gain, moving from 179.56 to a close of 180.92, with a cautious uptick to 181.05.<\/strong><\/li>\n<li><strong>An imminent test of the Ichimoku Cloud bottom at 181.61 could dictate the next directional move towards 181.90 or below 178.03.<\/strong><\/li>\n<li><strong>Short-term view leans neutral to slightly bullish, with key resistances set at 181.25, 181.37, and a notable 182.81.<\/strong><\/li>\n<\/ul>\n<p>GBP\/JPY halted its downtrend on Thursday and registered gains of more than 0.50% in a day that witnessed the pair traveling from around 179.56 towards its daily close of 180.92. At the time of writing, as Friday\u2019s Asin session begins, the cross-currency pair exchanges hands at 181.05, reaching minuscule gains of 0.07%.<\/p>\n<p>The daily <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/chart\">chart<\/a> portrays the pair as neutral to downward biased and about to test the bottom of the Ichimoku Cloud (Kumo) at around 181.61. If that area is breached, the GBP\/JPY next stop would be the Kijun-Sen at 181.90 before climbing past 182.00. On the other hand, in the event of a bearish continuation, the pair\u2019s first support would be the October 3 swing low of 178.03. Once cleared, the next support would be the July 28 cycle low at 176.30.<\/p>\n<p>From a short-term perspective, the GBP\/JPY is neutral to slightly upward as the pair remains above the Kumo. Additionally, both the Tenkan and Kijun-Sen are in a bullish order, while the Chikou Span is about to cross above the price action. Therefore, the cross-currency pair&#8217;s first resistance would be the October 4 high at 181.25, followed by the October 3 daily high at 181.37 and the October 2 swing high at 182.81.<\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/JPY Price Action \u2013 Hourly chart<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638321370478948813.png\"><\/a><\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/JPY Technical Levels<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: GBP\/JPY registers a 0.50% gain, moving from 179.56 to a close of 180.92, with a cautious uptick to 181.05. An imminent test of the Ichimoku Cloud bottom at 181.61 could dictate the next directional move towards 181.90 or below 178.03. Short-term view leans neutral to slightly bullish, with key resistances set at 181.25, 181.37, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,298,257,276,409,255,250,252,247,253,249,308,256,254],"class_list":["post-169154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-crosses","tag-cryptocurrency","tag-currencies","tag-gbpjpy","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/169154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=169154"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/169154\/revisions"}],"predecessor-version":[{"id":169155,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/169154\/revisions\/169155"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/7199"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=169154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=169154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=169154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}