Tag Archives: yen

GBP/JPY succeeded in achieving the official target to be touched at 149.00, recording its lowest level at 149.02, to the bullish rebound once again, benefiting from building a base on the support level represented in the last target. Technically, by looking at the 60-minute chart, we find that the RSI …

GBP/JPY managed to touch the first official target at 148.90, recording its lowest level at 148.95. On the technical side today, and with a careful look at the 240-minute chart, we find the negative features are still dominating the stochastic indicator and the stability of the intraday trading below the …

GBP/JPY fell significantly during the previous trading session, touching the extended target at 149.50, posting the lowest price of 149.20. On the technical side today, we believe that the current positive movements are temporary, and we find that Stochastic has started to lose bullish momentum. Therefore, the bearish bias is …

GBP/JPY started its daily trading with a bearish bias, after it failed to stabilize for a long time above the 151.00 level. On the technical side, we tend to the negativity today, relying on the stability of trading below the mentioned resistance at 151.00, accompanied by the RSI gaining bearish …

Negative trading continues to dominate the movements of GBP/JPY, approaching by a few points to the first bearish target published in the previous analysis, at 150.70, recording the lowest price of 150.85. Technically, the intraday trading stability is above the 151.20 support level, accompanied by the attempts of the stochastic …

The negative pressure continues to dominate the movements of GBP/JPY within the expected bearish context, gradually approaching the first required target of 150.70 On the technical side, the negative pressure of the simple moving averages and the apparent negativity features on the stochastic indicator. Therefore, the bearish bias is preferred …

The British pound managed to touch the first target required at 152.80, then declined quickly towards 151.00. Technically, with the negative pressure of the simple moving averages and the apparent negativity features on the stochastic indicator. Therefore, the bearish bias is preferred today, provided that we confirm the breach of …

Positive moves regained control over the movements GBP/JPY after building on the support floor of 152.00. On the technical side today, with the stability of trading above the support mentioned above, in addition to the positive motive coming from the 5-day moving average. This increases the change of the upside,, …

Positive trading dominated the movements of the pound sterling against the Japanese yen, heading towards touching the second target at 152.70, recording the highest level at 152.68. Technically, today, the pair’s current moves are witnessing a bearish slope due to hitting the resistance level of 152.70, which is our desired …

Positive trading dominated the movements of GBP/JPY, to start with a bullish bias, attacking the resistance level of the psychological barrier 152.00. Technically, the pair built on the support level 151.60, accompanied by positive signs that started appearing on the RSI over the short time intervals. From here, the bullish …