Tag Archives: yen

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 …

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 …

The British pound touched the bullish target required during the last analysis, at 163.10, recording a high of 163.32. On the technical side, the pair failed to stabilize for a long time above the psychological barrier resistance level 163.00, which forced it to trade negatively significantly to retest 162.00. With …

The British pound continues its positive movements against its Japanese counterpart within the expected bullish path, touching the target, around 162.85, recording the highest of 162.80. On the technical side, today, we tend to resume the bullish bias, relying on the positive motive coming from the 50-day simple moving average, …

During the last session, the British pound jumped against its Japanese counterpart, within the expected positive outlook during the previous analysis, touching the required target at 161.45, recording its highest level at 161.97. On the technical side today, the pair’s pivot above the support level of 160.50 supports the continuation …

Positive trading is still controlling the movements of the pound sterling against its Japanese counterpart within the expected bullish track during last Friday’s trading, reaching its highest level during today’s session at 160.65. On the technical side today, the bullish trend is still valid and active, with the pair’s success …

Wall Street closed sharply higher on Friday, as signs of inflation peaking and then data on consumer spending increased investor optimism that the Federal Reserve would be able to tighten monetary policy without pushing the economy into recession. All three major US stock indexes halted their longest streak of weekly …

The pound sterling achieved the idea of the bullish tendency shown during the last analysis, heading towards our first target that needs to be touched at 160.80 to record its highest price of 160.83. On the technical side today, the bullish trend is still valid and active, with the pair’s …

Positive trading dominated the movements of the pound sterling against its Japanese counterpart within the expected bullish context during the previous analysis, touching the awaited target at 160.60, recording its highest level during today’s morning trading session at 160.83. Technically and carefully looking at the 4-hour chart, we notice that …

GBP/.JPY was able to touch the targets that need to be achieved during the previous analysis, at 158.70, surpassing the target and recording its lowest level at 158.00. On the technical side, today, and with careful consideration on the 60-minute chart, the limited positivity signs started appearing on the momentum …