Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Positive movements dominated the movements of the pound against the Japanese yen within the expected bullish context, touching the second official target to be achieved at 154.40, to record its highest level at 154.47.
On the technical side today, the bullish bias is still valid, with the stability of trading above 153.50 on short intervals.
Therefore, we are targeting 154.80 the first target, and then 155.40 the second target. Trading below 153.50 will immediately stop the possible bullish scenario and put the price under strong negative pressure, with a target of 152.60.
| S1: 153.50 | R1: 154.80 |
| S2: 152.60 | R2: 155.40 |
| S3: 152.10 | R3: 156.30 |
