Noor Trends News, Technical Analysis, Educational Tools and Recommendations
The British pound fell against the Japanese yen significantly during the previous trading session, touching the first target located at 152.10, recording its lowest level at 151.83.
On the technical side, we tend to the negativity, relying on the negative pressure of the simple moving average and the stability of trading below 152.60/152.70.
Therefore, the bearish bias is likely today, targeting 151.60/151.50 first target, then 150.90 next station. Warning: The RSI is trying to get positive signals on short intervals.
| S1: 151.55 | R1: 153.00 |
| S2: 150.90 | R2: 153.90 |
| S3: 150.00 | R3: 154.50 |
