Noor Trends News, Technical Analysis, Educational Tools and Recommendations
The pound sterling achieved a noticeable rise against its Japanese counterpart within the expected bullish path mentioned in the previous analysis, touching the official target 143.20, to record its highest level at the beginning of the weekly trading at 143.95.
On the technical side, today, we find the pair succeeded in building a base on the strong support floor located at 143.10, as we find the simple moving averages that support the bullish trend.
The daily trend tends to rise, targeting 144.10 / 144.15, the first target, knowing that the breakout of the latter extends gains to 144.50 the next stop.
| S1: 143.10 | R1: 144.15 |
| S2: 142.60 | R2: 144.55 |
| S3: 142.20 | R3: 145.15 |
