Tag Archives: yen

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …