Positive trading continues to control the movements of the pound sterling against the Japanese yen, reaching the level of 166.22, maintaining positive stability. Technically, we are inclined to the positive, but cautiously, relying on a pivot above the 164.70 support floor, along with the pair obtaining a positive stimulus from …
Read More »GBP: retested support 21/6/2022
Oil, Crude, trading
Read More »GBP/JPY: making gains 17/6/2022
The British pound reached the official target at 164.65, surpassing the target to record its highest level of 165.75. Technically, we tend to the positivity, relying on the pair’s success in stabilizing above 163.65, accompanied by obtaining a positive stimulus from the 50-day simple moving average, which returned to hold …
Read More »GBP: retest scenario 17/6/2022
Oil, Crude, trading
Read More »GBP/JPY: trying to build above the support 16/6/2022
Mixed trades dominated the movements of GBP/JPY during the previous trading session, within attempts to provide a positive bias, building on stability above the support floor 162.30. Technically, and carefully looking at the 60-minute chart, we find the 50-day simple moving average trying to push the price to the upside …
Read More »GBP moves cautiously and eyes are on BoE 16/6/2022
Oil, Crude, trading
Read More »GBP/JPY: extends losses 15/6/2022
The British pound extended its losses against its Japanese counterpart after failing to maintain trading and stability above the 163.00 level, recording its lowest price during the last session, 161.35. On the technical side, we tend to the negativity, relying on the pair’s continuing negative pressure from the simple moving …
Read More »GBP takes heavy hits from the USD 15/6/2022
Oil, Crude, trading
Read More »GBP/JPY: Looking for extra momentum 13/6/2022
GBP/JPY could achieve the idea of retesting the required target during the previous analysis published at the end of last week’s trading, touching the target of 165.70, recording its lowest level at 165.17. Technically, the current moves are witnessing attempts to stabilize above the 50-day simple moving average and the …
Read More »GBP Giving up against USD 13/6/2022
Oil, Crude, trading
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