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 …
Read More »GBP/JPY:ِ Starts with a Negative Tone
Negative trading dominated the pound’s moves against the Japanese yen, after finding a strong resistance level near 154.30. On the technical side, we tend to be negative in our trading depending on the clear negative signs on Stochastic, in addition to the intraday trading remaining below the resistance level of …
Read More »GBP/JPY:ِ Maintains Positive Stability
GBP succeeded in achieving the positive outlook against JPY, as we expected, touching the first target required to be achieved at 154.35, to hit a high of 154.45. Technically, the bullish bias is still valid depending on the positive motive coming from the 50-day moving average, in addition to the …
Read More »GBP/JPY:ِ Gets Additional Momentum
The current moves of the British pound against the Japanese yen are witnessing a slight bullish tendency, benefiting from building on the support level of 153.60. On the technical side today, we tend to be positive, but cautiously depending on the positive motive of the 50-day moving average, in addition …
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