Tag Archives: yen

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 …

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. …

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 …

The British Pound declined against the Japanese Yen, canceling the positive outlook as we expected and touching the stop-loss order mentioned in the previous analysis at 152.70. On the technical side, we find the pair settled below the resistance level of the psychological barrier 153.00, accompanied by the stochastic losing …

The Pound Sterling maintains the bullish bias against the Japanese Yen, gradually approaching the required target of 153.70, recording a high of 153.48. On the technical side, and by looking at the 60-minute chart, we find the 50-day moving average that supports the bullish curve, and this comes in conjunction …

A noticeable rally for the British pound against the Japanese yen after finding a solid support floor around the 151.20 level. On the technical side today, and by looking at the 60-minute chart, we find the 50-day moving average that supports the bullish curve, and this comes in conjunction with …

The British pound incurred strong losses against the Japanese yen, as we expected, touching the official target station 150.60. On the technical side today, the bearish trend is still the most preferred, based on the breach of the support level 152.00/152.10, which is now turned into a resistance level. Therefore, …

Negative trading returned to control the movements of the pound sterling against the Japanese yen after it succeeded in confirming the breach of the support level of 152.85, touching a low of 152.00. On the technical side, we are inclined to the negativity, relying on the confirmation of the aforementioned …

GBP/JPY traded positively after finding good support around 153.00. The technical picture is positive due to intraday trading stability above 153.40, always on the back of positive stimulus from the 50-day moving average, which cushions the price from the downside. Therefore, we target 154.10 as the first target. Breaking through …

GBP/JPY achieved the expected bullish limited bias we target in the last analysis at 154.00, recording the highest level at 153.97. The pair’s current trading is witnessing price stability above the support level of 153.30, as we find the RSI stable above the mid-line 50. We tend in our trading …