Positive trading dominated the movements of the pound against the Japanese yen, touching the second official target to be achieved at 141.00. Technically, we tend to be positive in our trades, but cautiously, relying on trading stability above the support level of 140.30 and the most important 140.00, in addition …
Read More »The Pound May Face a Negative Scenario
Oil, Crude, trading
Read More »GBP/JPY: Yen Reiterates Chances of Upside
GBP/JPY tends to be positive, benefiting from the stability above 139.80 support. On the technical side, we tend to be positive, depending on trading above the aforementioned support, in addition to the positive motive of the 50 day moving average. Therefore, we target 140.65 as a first target, bearing in …
Read More »Pound Facing Negative Pressure
Oil, Crude, trading
Read More »GBP/JPY: Conflicting Technical Signals
Various moves took control of the pound sterling against its Japanese counterpart, as the current trading witnesses attempts by the pair to build a base on the floor of the support of 193.50. On the technical side, and with a closer look at the chart, we find a conflict in …
Read More »Pound Retesting Support
Oil, Crude, trading
Read More »GBP/JPY Facing Negative Pressure
The pound’s current moves against the Japanese yen are witnessing a downward slope after a failure to hold a long time above the 141.00 level. On the 60-minute time frame, we see the RSI indicator gradually losing the bullish momentum, accompanied by clear negative signs on Stochastic. From here, with …
Read More »Pound Continues to Gain
Oil, Crude, trading
Read More »GBP/JPY on The Negative Side
The British Pound started its daily trading with a bullish slope, but it is still limited benefiting from stability above the psychological barrier of 138.00. On the technical side, and despite the current slight bullish bias, we tend to be negative, depending on trading stability below 139.20 accompanied by the …
Read More »Pound Retest Resistance
Oil, Crude, trading
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