Tag Archives: GBP

GBP/JPY incurred a big day yesterday, recording its lowest level during the first trading sessions of this week, around the 160.10 level. There are currently limited positive movements, trying to benefit from the support level of 160.00. We find the stochastic indicator trying to provide additional momentum on the short …

Mixed trading dominated the movements of GBP/JPY during the previous trading session to return to the positive range, building on the support level of 161.80. On the technical side, the current moves are witnessing a slight bullish bias as a result of the intraday stability above 161.60, accompanied by the …

The pound declined against the yen within the expected negative outlook during the last analysis, touching the official target at 161.90, to record its lowest level at 161.70. On the technical side, today, we find the pair hovering around the 50-day simple moving average, trying to stabilize above, as we …

Trading tilted to the positive within the expected bullish path yesterday so that GBP/JPY could touch the first target of 163.75, recording its highest level at 163.5. On the technical side today, we tend to decline in our intraday trading, based on the clear negative signs on stochastic, in addition …

GBP/JPY made positive trades during the previous trading session, approaching the first target to be touched at 164.10, recording the highest of 163.85. On the technical side today, we find the 50-day simple moving average that supports the bullish price curve, in addition to the pair’s success in building a …

Positive trading dominated the movements of the pound sterling against the Japanese yen within the bullish context, as we expected touching the first target to be achieved 162.60 and approached by a few points from the second target of 163.60, recording its highest level at 163.47. On the technical side …

GBP/JPY was able to achieve the bearish targets within the expected negative outlook during the previous analysis, touching the second leg of 161.50, and recording the lowest 161.10 On the technical side today, and with a closer look at the 60-minute chart, we find signs of positivity starting to appear …

Positive trading dominated the movements of GBP/JPY, cancelling the expected negative outlook during the previous report, in which we relied on the price stability below 162.00. The consolidation above the mentioned level leads the pair to recover temporarily, with a target of 162.90 to record its highest level at 163.06, …

GBP/JPY succeeded in touching the first target required to be achieved during the previous trading session at 159.50, recording its lowest level at 159.44, which forced it to rebound upwards as a result of hitting the mentioned support. Technically, we find the 50-day simple moving average pressuring the price from …

The British pound fell against its Japanese rival significantly, at the beginning of this week’s trading, within the expected negative outlook during the previous analysis, touching the first awaited target at the price of 160.40, recording its lowest level at 160.03. Technically, the bearish trend is still dominating the pair’s …