“All the major technical support levels have been broken and things would start looking really bearish once the final support of 140.00 levels is breached”, says Oanda Senior Market Analyst Craig Erlam, while discussing the technical set up on the GBP/JPY chart. Watch the full segment for the downside targets in the GBP/JPY pairs.
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Craig Erlam
Senior Market Analyst - UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.
His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN.
Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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