Positive trading dominated the moves of the pound sterling against the Japanese yen within the bullish context, as we expected, touching the first official leg of 152.00, approaching a few points difference at the second goal of 152.60, to hit a high of 152.40. Technically, and with a closer look …
Read More »GBP/JPY: Achieve Noticeable Gains
The pound continues to achieve gains against the Japanese yen, touching our target mentioned in the previous analysis at 151.60, recording a high of 151.55. Technically, we are continuing to suggest the bullish trend, relying on the positive motive of the 50-day moving average, in addition to trading stability above …
Read More »GBP/JPY: Achieving The Required Bullish Goals
Positive trading dominated the movements of the pound sterling against the Japanese yen, touching the official target required to be achieved during the previous analysis at 151.15, recording its highest level at 151.22. On the technical side, today we tend to be positive with the pair’s success in building a …
Read More »GBP/JPY: Witnessing Positive Moves
The pound against the Japanese yen was able to achieve our bullish targets located at 150.45, recording its highest price during the previous session’s trading at 150.60. On the technical side today, the bullish bias still dominates the pair’s movements, depending on the stability of trading above the 50-day moving …
Read More »GBP/JPY: Support Limits Bearish Bias
The support levels mentioned in the previous analysis, represented by our first target at 149.00, were able to limit the bearish bias, which forced the pair to rebound again. On the technical side today, we tend to be positive, but cautiously depending on the stability of intraday trading above 149.40 …
Read More »GBP/JPY: Negative Pressure Still Intact
GBP/JPY managed to achieve the negative outlook, as we expected, touching the second target mentioned in the previous analysis at 149.60, recording a low of 149.36. On the technical side today, the price builds below the resistance level of 149.90, in addition to the pair continuing to get negative pressure …
Read More »GBP/JPY: Negative Pressure Still Intact
The pound was able to touch the first target mentioned in the previous analysis against the Japanese yen at 150.10. Technically speaking, the pair’s exchange rate remaining below the psychological barrier of 151.00, in addition to the negative pressure from SMAs. This encourages us to maintain our negative outlook targeting …
Read More »GBP/JPY Hits Resistance And Negativity Persists
Negative trading dominated the pound’s movements against the Japanese yen, as a result of hitting psychological barrier resistance 152.00. On the technical side, today we are biased negatively depending on trading stability below the mentioned resistance, in addition to the RSI gaining bearish momentum over the short time intervals. Therefore, …
Read More »Pound Outperforming Japanese Yen
Positive trades dominated the moves of the pound sterling against its Japanese counterpart, touching the second target to be achieved during the previous analysis of 151.00 touching a high of 151.21. On the technical side today, the pair builds above 150.80 and generally above 150.30 supports the continuation of the …
Read More »GBP/JPY: Attack Resistance
Positive trading regained control of the sterling pound’s moves against its Japanese counterpart, surpassing the target of a re-test published during the previous analysis of 150.30, recording a high of 150.62. On the technical side today, intraday trading remains above 150.00 that supports the upside, and we find the RSI …
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