The British pound against the Japanese yen succeeded in achieving the idea of retesting the support published during the previous analysis, touching the first target for the retest at 167.00 and approaching by a few points from the second target of 166.50, recording its lowest level at 166.70. On the …
Read More »GBP loses bullish momentum 10/6/2022
Oil, Crude, trading
Read More »GBP/JPY: Retest support 9/6/2022
GBP/JPY touched all the ascending targets published during the previous analysis, reaching the official target station in the last report at the price of 168.80, recording its highest level of 168.75. On the technical side today, and by looking at the hourly chart, the overbought signs started appearing on the …
Read More »GBP loses bullish momentum 9/6/2022
Oil, Crude, trading
Read More »GBP/JPY: makes strong gains 8/6/2022
The GBP/JPY pair achieved strong gains within the expected bullish path during the previous analysis, bypassing the official station required to be touched during the last analysis at the price of 167.00, recording its highest level during the early trading of today’s session 167.44. Technically, we tend to be positive, …
Read More »GBP hits the resistance 8/6/2022
Oil, Crude, trading
Read More »GBP/JPY: Exceeds the bullish target and the positivity remains 7/6/2022
GBP/JPY jumped within the expected positive outlook during the previous analysis, surpassing the official target published during the last analysis, located at 165.20, recording its highest level during the early trading of the current session at 166.00. Technically, we are inclined to the positivity, relying on the pair’s success in …
Read More »GBP continues its gradual decline 7/6/2022
Oil, Crude, trading
Read More »GBP/JPY: looking for additional work 6/6/2022
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
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