GBP/JPY made positive trades during the previous trading session, approaching the first target to be touched at 164.10, recording the highest of 163.85. On the technical side today, we find the 50-day simple moving average that supports the bullish price curve, in addition to the pair’s success in building a …
Read More »GBP waiting for the daily trend 9/8/2022
Oil, Crude, trading
Read More »GBP/JPY: is getting positive signals 8/8/2022
Positive trading dominated the movements of the pound sterling against the Japanese yen within the bullish context, as we expected touching the first target to be achieved 162.60 and approached by a few points from the second target of 163.60, recording its highest level at 163.47. On the technical side …
Read More »GBP is the biggest loser against USD 8/8/2022
Oil, Crude, trading
Read More »GBP/JPY: may witness a temporary rise 5/8/2022
GBP/JPY was able to achieve the bearish targets within the expected negative outlook during the previous analysis, touching the second leg of 161.50, and recording the lowest 161.10 On the technical side today, and with a closer look at the 60-minute chart, we find signs of positivity starting to appear …
Read More »GBP is looking for a clearer path 5/8/2022
Oil, Crude, trading
Read More »GBP/JPY: the decline continues 4/8/2022
Positive trading dominated the movements of GBP/JPY, cancelling the expected negative outlook during the previous report, in which we relied on the price stability below 162.00. The consolidation above the mentioned level leads the pair to recover temporarily, with a target of 162.90 to record its highest level at 163.06, …
Read More »GBP trades cautiously ahead of BoE decision 4/8/2022
Oil, Crude, trading
Read More »GBP/JPY: requires to follow up 3/8/2022
GBP/JPY succeeded in touching the first target required to be achieved during the previous trading session at 159.50, recording its lowest level at 159.44, which forced it to rebound upwards as a result of hitting the mentioned support. Technically, we find the 50-day simple moving average pressuring the price from …
Read More »GBP stable above the support of the ascending price channel 3/8/2022
Oil, Crude, trading
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