Positive trading regained control of the sterling pound’s moves against its Japanese counterpart, surpassing the target of a re-test published during the previous analysis of 150.30, recording a high of 150.62. On the technical side today, intraday trading remains above 150.00 that supports the upside, and we find the RSI …
Read More »Pound Benefiting From Support
Oil, Crude, trading
Read More »GBP/JPY: Looking For Extra Momentum
The pound against the Japanese yen succeeded in achieving the negative outlook, as we expected, touching the first target published during the previous analysis, at a price of 149.65, recording a low of 149.65. On the technical side today, the price built an intraday above 149.65, accompanied by attempts by …
Read More »USD/GBP: Looking For a Stronger Trend
Oil, Crude, trading
Read More »GBP/JPY: Selling Pressure Continue
The British Pound continues trading negatively against the Japanese Yen within a gradual decline towards the awaited target of 149.45, to settle for the lowest level at 149.58. On the technical side, we will maintain our negative outlook, relying on stability below 150.50/150.60, accompanied by clear negative signs on Stochastic. …
Read More »Pound Fails to Breach
Oil, Crude, trading
Read More »GBP/JPY: Negative Pressure Remains
The pound’s moves against the Japanese yen are witnessing a downward tendency to gradually approach the first target required to be touched during the previous analysis, 149.40, to settle for recording a low of 149.65. On the technical side, today, we tend to be negative, citing the continuation of stochastic …
Read More »Technicals of Pound Unchanged
Oil, Crude, trading
Read More »GBP/JPY: Below Support
Negative trading dominated the pound’s movements against the Japanese yen within the expected bearish context during the previous analysis. On the technical side, we tend to be negative, relying on the confirmation of the pair breaking the support level of 150.70, which is now converted into a resistance level, in …
Read More »Pound Facing Negative Pressure
Oil, Crude, trading
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