Positive movements dominated the movements of the pound against the Japanese yen within the expected bullish context, touching the second official target to be achieved at 154.40, to record its highest level at 154.47. On the technical side today, the bullish bias is still valid, with the stability of trading …
Read More »GBP/JPY:ِ Settled Above Support
The Pound against the Japanese Yen found a good support level near 151.50, which forced the pair to rebound upwards to retest the 153.65 resistance level. On the technical side, we tend to be positive, but with caution, relying on the stability of the intraday trading above 153.00, accompanied by …
Read More »GBP/JPY:ِ There May be a Negative Scenario
Negative trading dominated the pound sterling against the Japanese yen, as we expected touching the second target to be achieved during the last report, located at 151.90, recording the lowest price of 151.97. On the technical side, today we are inclined in our trading to the negative, relying on the …
Read More »GBP/JPY:ِ Begins to Pressure Support
The Pound against the Japanese Yen starts its morning trading with clear negativity and starts pressing on the support level of 153.00. On the technical side, today we tend to the negativity, relying on confirming the pair’s breach of the psychological barrier’s support level, which is now turned to the …
Read More »GBP/JPY:ِ Looking For Positive Signals
Positive trades dominated the movements of the pound sterling against the Japanese yen within the expected bullish context, approaching our target of 155.70, to record a high of 155.50. On the technical side, we tend to be positive, but with caution, relying on the stability of trading above the support …
Read More »GBP/JPY:ِ Looking For Positive Signals
The current movements of GBP/JPY are witnessing an upward bias as a result of building a base at the support level of 154.30. On the technical side, we are biased towards positivity today, but cautiously, relying on attempts to capture the stochastic indicator for more additional momentum. We are targeting …
Read More »GBP/JPY:ِ Starts on The Negative Side
Negative trading dominated the movements of the pound sterling against the Japanese yen within a sideways that tends to negative. On the technical side, trading stability below the psychological barrier of 155.00 supports the negativity, in addition to stochastic losing the bullish momentum gradually. Therefore, the bearish bias is likely …
Read More »GBP/JPY:ِ Pound Recovers
GBP/JPY managed to touch the first target mentioned in the previous report, which is located at 154.10, recording its lowest price at 154.13 to return to the bullish rebound again, benefiting from the support level. On the technical side, today, and with a closer look at the 60-minute chart, we …
Read More »GBP/JPY:ِ Facing Negative Pressure
The pound sterling declined against the Japanese yen significantly with the beginning of the morning trading of the current session, reaching as low as 154.55. On the technical side, today we are inclined to the negativity based on the negativity of the stochastic indicator, which comes in conjunction with the …
Read More »GBP/JPY:ِ Tends to The Positive
Negative trades dominated the movements of the pound sterling against the Japanese yen, touching the first target published during the previous analysis at 154.50, recording its lowest level at 154.55. On the technical side today, and with careful consideration on the short time frames, we find the RSI trying to …
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