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 …
Read More »GBP/JPY: Positivity Need Confirmations
Positive trading dominated the pound’s movements against its Japanese counterpart within the bullish leg published during the previous analysis, recording its highest level of 152.05. On the technical side, we are positive in our trading, depending on the stability of trading above 151.30 and the most important of 151.10, which …
Read More »GBP/JPY Attacks the Resistance And Positivity Remains
The British pound rose against its Japanese counterpart during the previous session, canceling the negative outlook as we expected and touching the stop loss order published during the previous analysis at 151.60, to hit its highest level near the psychological barrier of 152.00. On the technical side, today, with the …
Read More »GBP/JPY Losing Bullish Momentum
The pound retreated against the Japanese yen noticeably, ending a series of gains, heading to retest the required target at 151.00, reaching a low of 150.80. On the technical side, today we are biased negatively depending on trading stability below 151.60 accompanied by the RSI losing bullish momentum over short …
Read More »GBP/JPY: Temporary Negative Trades
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 »