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 …
Read More »GBP/JPY:ِ Negative Pressure Remains
Narrow sideways trading dominates the movements of the pound sterling against the Japanese yen, trapped between the support of 155.00 and the resistance level of 156.00 On the technical side today, we tend to the negative side, but with caution, relying on the stability of trading below 155.60, accompanied by …
Read More »GBP/JPY:ِ Tends to The Downside
Sideways trading in a narrow range, constrained between 155.20 and 155.80 without any significant change. On the technical side today, and with a careful look at the 60-minute chart, we are inclined to the negativity, but with caution, relying on the intraday stability below 155.80, accompanied by the clear negativity …
Read More »GBP/JPY:ِ Tends to The Positive
Tight sideways trading is limited between the support level of 155.00 and the resistance level of 156.00. On the technical side today, the pair continues to obtain positive signals from the 50-day moving average, which meets around the 155.00 level. This increases the possibility that we will witness a bullish …
Read More »GBP/JPY:ِ Building on Support
The current movements of the British pound against the Japanese yen are witnessing a bearish tendency after it found a strong resistance level near the psychological barrier of 156.00. On the technical side, today we tend to be negative, relying on the stability of trading below the mentioned resistance, in …
Read More »GBP/JPY:ِ Building on Support
Positive trading dominated the pound’s movements against its Japanese counterpart, benefiting from the 155.40 support level, to witness the current movements’ bullish bias that targeted a retest of 155.80. On the technical side today, with the pair continuing to obtain positive stimulus from the 50-day moving average, in addition to …
Read More »GBP/JPY:ِ Negative Pressure on the Short Time Frames
Quiet trading dominated the movements of the pound sterling against the Japanese yen, to find the pair a strong resistance level near the psychological barrier of 156.00. On the technical side today, we tend to the negative side, but with caution, relying on stochastic entering the overbought phase, in addition …
Read More »GBP/JPY:ِ Starts with a Negative Tone
The British Pound jumped against the Japanese Yen, canceling the negative outlook expected during the previous analysis, touching the stop-loss order published during the previous analysis, at a price of 154.70. On the technical side, today we tend to be positive, but with caution, relying on the pair’s breach of …
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