FXStreet's Tuesday analysis put the British pound at 212.44 yen as the pair traded below a cluster of chart resistance near 213 ahead of the U.S. inflation report.
The quote was up 0.09% at 7:36 a.m. ET (12:36 UTC) on Nov. 10, after FXStreet recorded a 0.32% increase in the preceding session. GBP/JPY expresses the yen value of one pound.
FXStreet's daily chart placed the 61.8% Fibonacci retracement at 212.90, its 200-day simple moving average at 212.93 and its 100-day simple moving average at 213.03. The 0.13-yen span groups those markers around 213, based on the levels in the report.
The analysis showed the Relative Strength Index near 58 and the Moving Average Convergence Divergence line in positive territory. The Average Directional Index was around 17, which FXStreet described as indicating a weak trend.
The chart also listed a 78.6% retracement at 214.54 and a recent high near 216.62, along with support references at 211.76, 210.61 and 209.19 and a swing low near 206.90. These are technical-analysis markers, not confirmed future prices. EconoTimes previously covered FXStreet's 211.10 50-day moving average.
Prior-session figures differ: FXStreet cited a 0.32% gain, while OANDA's MT5-based report recorded a 0.35% rise for its Nov. 9 session. The available reports do not explain the difference. OANDA attributed its session's advance to broad U.S. dollar weakness and stronger risk appetite.
The U.S. Bureau of Labor Statistics (BLS) scheduled its October Consumer Price Index (CPI) release for 8:30 a.m. ET (13:30 UTC) on Nov. 10, about 54 minutes after FXStreet's snapshot.
