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 …
Read More »GBP/JPY:ِ Starts on The Downside
Negative trading is controlling the pound’s movements against the Japanese Yen for the second session in a row after the pair failed to stabilize for a long time above the psychological barrier of 154.00. On the technical side, today, we tend to be negative, relying on trading to remain intact …
Read More »GBP/JPY:ِ Attacks The Psychological Barrier
Positive trading dominated the movement of the pound sterling against the Japanese yen during the previous trading session, recording a high of 154.83. Technically speaking today, it indicates the possibility of continuing the rise, depending on trading stability above the support level 154.10 in addition to the positive stimulus coming …
Read More »GBP/JPY: Faces Negative Pressure
Narrow range sideways trading dominated the pound’s movement against the Japanese yen, after finding a strong resistance level near the psychological barrier of 154.00. On the technical side, today, we tend to be negative over the coming hours, relying on the gradually losing bullish momentum stochastic. From here, we aim …
Read More »GBP/JPY: Attacks The Psychological Barrier
The British pound jumped against the Japanese yen as we expected during the previous analysis, touching the official target station at 152.60, to hit a high of 154.01. On the technical side today, with the pair succeeding in surpassing the resistance level 153.30 and the most important 152.80, which has …
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