A bearish trend dominated the movements of gbp/jpy during the previous trading session, recording its lowest level around 161.60. Technically, we tend to the negative, relying on the pair’s pivot below the 162.80 level, with the pair continuing to get negative pressure from the 50-day simple moving average. Therefore, the …
Read More »GBP: negative pressure continues 6/7/2022
Oil, Crude, trading
Read More »GBP/JPY: declining sharply 1/7/2022
Negative trading dominated the movements of the pound sterling against the Japanese yen within a strong bearish track, which recorded its lowest level during the early morning trading session at 163.35. On the technical side, the pair’s current moves are witnessing stability around the lowest level of 163.35, with pressure …
Read More »GBP: negative pressure is in place 1/7/2022
Oil, Crude, trading
Read More »GBP/JPY: trying to recover 30/6/2022
GBP/JPY was able to approach by a few points from the target published during the last analysis at 165.30, recording its lowest level at 165.40. On the technical side, we tend to be positive but cautiously, relying on the clear positivity features on stochastic, in addition to the intraday pivot …
Read More »GBP: breaks support 30/6/2022
Oil, Crude, trading
Read More »GBP/JPY: Settled below resistance 28/6/2022
GBP/JPY fell significantly after it failed to maintain trading above the 167.00 level, targeting 165.13. On the technical side, today, the apparent negative features on the RSI and its stability below the mid-line 50, a technical factor that supports the decline, and this comes in conjunction with the pair’s stability …
Read More »GBP: maintains bullish trend 28/6/2022
Oil, Crude, trading
Read More »GBP/JPY: negative pressure continues 23/6/2022
Noticeable negative trades dominated the movements of GBP/JPY within the idea of the expected bearish tendency during the previous analysis, approaching by a few points the required target of 165.50, recording its lowest level during the early trading of the current session, 165.62. Technically, we find the simple moving averages …
Read More »GBP: repeats attempts to rise 23/6/2022
Oil, Crude, trading
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