Negative trading was dominated by the pound’s movement against its Japanese counterpart, after finding a strong resistance level near 152.50. On the technical side, today, we await the occurrence of a bearish tendency during the coming hours, depending on the clear negativity features on the stochastic indicator, in addition to …
Read More »GBP/JPY: Attacks Resistance
The pound maintained positive stability against its Japanese counterpart, after finding a good support floor near the level of 151.20. On the technical side today, and with a closer look at the chart, we find the 50-day moving average is still providing a positive motive, accompanied by the stability of …
Read More »GBP/JPY: Continues to Rising
The pound against the Japanese yen continued to achieve gains within the bullish حشفا, as we expected, touching our required official target of 152.15, recording a high of 152.15. Technically, trading has stabilized above the support level of 151.60 and in general above 151.20 supports the positivity, in addition to …
Read More »GBP/JPY: Achieving a Significant Increase
The British pound started its daily trading significantly higher against the Japanese yen, benefiting from building a base on the support level of 150.40, and it is now trading around its highest level during early trading of the current session, 151.50. On the technical side, and with the pair getting …
Read More »GBP/JPY: Facing Strong Resistance Level
The British Pound failed to maintain the trading level above 151.00 psychological barrier resistance, as the current moves in the pair witness a bearish slope. On the technical side, today we are biased negatively in our trading, depending on the negative signs coming from the stochastic indicator. From here, with …
Read More »GBP/JPY: Starts Off Negative
The pair starts its daily trading with a bearish slope after finding a strong resistance level near the psychological barrier of 150.00. On the technical side, today, we tend to be negative in our trading, relying on trading stability below the aforementioned resistance, in addition to stochastic gaining bearish momentum. …
Read More »GBP/JPY: Settled Above Support
Positive trading dominated the pound’s movements against the Japanese yen, nullifying the negative outlook, as we expected touching the stop-loss order published in the previous analysis at a price of 149.80, recording its highest level at 150.73. Recouping part of the losses of the sell position. On the technical side …
Read More »GBP/JPY: Facing Selling Pressure
The current moves of the pound sterling against the Japanese yen are witnessing a bearish bias as a result of the pair’s intraday trading stability below the 149.60 resistance level. On the technical side, we find the stochastic indicator gradually losing the bullish momentum, which supports the possibility that we …
Read More »GBP/JPY Below Resistance
The pound’s movement against the Japanese yen witnessed a bullish bias during the last trading session, however, we are biased towards the negative side. Technically, the price has stabilized below the resistance level of 149.65, a negative factor, accompanied by the clear negative signs on Stochastic. Therefore, the bearish bias …
Read More »GBP/JPY: Faces Negative Pressure
Negative trades highlight the moves of the pound against the Japanese yen after it successfully retested the 149.20 resistance level. Technically, we tend to be negative in our trading, relying on trading remaining below the resistance level of 148.70, accompanied by the negativity of the stochastic indicator that started losing …
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