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 …
Read More »GBP/JPY: Retest Support
The pound against the Japanese yen provided positive trading, attacking the psychological barrier resistance of 152.00, benefiting from stability above the support level of 151.40. On the technical side, today we tend to be positive, depending on the stability of trading above the aforementioned support, in addition to the pair …
Read More »GBP/JPY: Positivity Need Confirmations
Against the Japanese yen, the pound managed to achieve the first required target during the previous report, located at 151.20, recording its lowest level at 151.20. On the technical side, trading remains stable below the psychological barrier 151.90 resistance, and we find negative signs still dominating the stochastic indicator. Therefore, …
Read More »GBP/JPY: Positivity Need Confirmations
The pound’s current moves against the Japanese yen are seeing a slight bearish bias after finding a strong resistance level around 152.00. On the technical side , the clear negative signs on Stochastic increase the possibility that we will witness a bearish bias in the coming hours. On short time …
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