Positive movements dominated the pound sterling’s trading against its Japanese counterpart to reflect the expected bearish tendency during the previous analysis and remind us that consolidation above 163.10 can thwart the bearish scenario and lead the pair to recover quickly to visit 163.85, recording its highest level at 164.10. On …
Read More »GBP is facing selling pressure 6/6/2022
Oil, Crude, trading
Read More »GBP/JPY: may witness a temporary decline 2/6/2022
The British pound touched the bullish target required during the last analysis, at 163.10, recording a high of 163.32. On the technical side, the pair failed to stabilize for a long time above the psychological barrier resistance level 163.00, which forced it to trade negatively significantly to retest 162.00. With …
Read More »GBP surrenders against the dollar 2/6/2022
Oil, Crude, trading
Read More »GBP/JPY: continues to achieve bullish targets 1/6/2022
The British pound continues its positive movements against its Japanese counterpart within the expected bullish path, touching the target, around 162.85, recording the highest of 162.80. On the technical side, today, we tend to resume the bullish bias, relying on the positive motive coming from the 50-day simple moving average, …
Read More »GBP is facing selling pressure 1/6/2022
Oil, Crude, trading
Read More »GBP/JPY: touches the bullish target 31/5/2022
During the last session, the British pound jumped against its Japanese counterpart, within the expected positive outlook during the previous analysis, touching the required target at 161.45, recording its highest level at 161.97. On the technical side today, the pair’s pivot above the support level of 160.50 supports the continuation …
Read More »GBP is facing temporary negative pressure 31/5/2022
Oil, Crude, trading
Read More »GBP/JPY: maintains positive stability 30/5/2022
Positive trading is still controlling the movements of the pound sterling against its Japanese counterpart within the expected bullish track during last Friday’s trading, reaching its highest level during today’s session at 160.65. On the technical side today, the bullish trend is still valid and active, with the pair’s success …
Read More »GBP continues to rise gradually 30/5/2022
Oil, Crude, trading
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