Tag Archives: GBP

Positive trading dominated the pound’s movements against the Japanese yen, nullifying the negative outlook, as we expected touching the stop-loss order published in the previous analysis at a price of 149.80, recording its highest level at 150.73. Recouping part of the losses of the sell position. On the technical side …

Oil, Crude, trading

The current moves of the pound sterling against the Japanese yen are witnessing a bearish bias as a result of the pair’s intraday trading stability below the 149.60 resistance level. On the technical side, we find the stochastic indicator gradually losing the bullish momentum, which supports the possibility that we …

Oil, Crude, trading

The pound’s movement against the Japanese yen witnessed a bullish bias during the last trading session, however, we are biased towards the negative side. Technically, the price has stabilized below the resistance level of 149.65, a negative factor, accompanied by the clear negative signs on Stochastic. Therefore, the bearish bias …

Oil, Crude, trading

Negative trades highlight the moves of the pound against the Japanese yen after it successfully retested the 149.20 resistance level. Technically, we tend to be negative in our trading, relying on trading remaining below the resistance level of 148.70, accompanied by the negativity of the stochastic indicator that started losing …

Oil, Crude, trading

The pound sterling against the Japanese yen managed to touch the first target located at 147.40, recording the lowest price of 147.40. Technically, the pair found a good support floor around the aforementioned target, and with a closer look at the 60-minute chart, we find that positive features began to …

Oil, Crude, trading