Negative trading dominated the movements of the pound sterling against the Japanese yen at the end of last week’s trading, touching the first target at 149.10, recording the lowest of 149.16. On the technical side, there are positive crossover signs that started appearing on stochastic, in addition to stabilizing intraday …
Read More »GBP/JPY: Negative Pressure Remains
The British pound continues to decline against the Japanese yen, after failing to maintain its stability above 150.50, heading towards touching the bearish target published during the previous report at 149.50. On the technical side, we tend to the negative side, relying on the negative pressure coming from the simple …
Read More »GBP/JPY: Retests The Resistance
Negative trading dominated the movements of the pound sterling against the Japanese yen, to record its lowest level during yesterday’s session 150.35. On the technical side today, the current movements are witnessing a slight bullish slope due to the positive crossover signs that started appearing on the stochastic indicator. We …
Read More »GBP/JPY: Declined to Touch The Second Goal
The pound sterling against the Japanese yen remarkably declined to touch the second target during the previous trading session, at 151.30, recording its lowest level at 150.92. Technically, we are inclined to the intraday positivity, relying on temporary stability above 150.90, which is accompanied by the attempts of stochastic to …
Read More »GBP/JPY: Settled Below Resistance
The British pound against its Japanese counterpart was able to touch the first official target required to be achieved during the previous analysis, 152.00, recording the lowest of 151.99. On the technical side, today, we prefer to maintain our short positions, relying on the negativity of the stochastic indicator, which …
Read More »GBP/JPY: Begins to Pressure Support
Negative trading dominates the movements of the pound against the Japanese yen, with the opening of the current trading session, recording its lowest level at 152.30. On the technical side, we are inclined to the negativity today, relying on the negative pressure of the simple moving averages, which is accompanied …
Read More »GBP/JPY: Faces Strong Resistance
Negative trading dominates the movements of the pound against the Japanese yen, and the pair still finds it difficult to surpass the rise to the resistance level of 153.00/153.10. On the technical side today, and with a closer look on the chart, we find Stochastic is giving negative signals. From …
Read More »GBP/JPY: Making Good Gains
GBP/JPY managed to achieve remarkable gains during the previous trading session, reaching a high of 153.25. On the technical side today, and by looking at charts, we find Stochastic continues to provide positive signals, accompanied by the positive motive coming from the 50-day moving average. From here, and with stability …
Read More »GBP/JPY: Continues to Decline
The British Pound achieved the first bearish target published in the previous analysis, located at 151.60, to record its lowest level at 151.60. On the technical side, today, we tend to the negative, relying on the clear negative signs on stochastic, in addition to the stability of trading below 152.60. …
Read More »GBP/JPY: Trading Negatively
The British pound fell against the Japanese yen significantly during the previous trading session, touching the first target located at 152.10, recording its lowest level at 151.83. On the technical side, we tend to the negativity, relying on the negative pressure of the simple moving average and the stability of …
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