“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 Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.
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