The technical outlook remains unchanged, and the pair’s moves have not changed little, as part of attempts to maintain the positive stability above the support level of 144.00 / 143.90. The technical aspect today indicates the possibility of continuing the rally with the pair consolidating above 144.45, in addition to …
Read More »GBP/JPY: Successfully Testing The Support
The British pound was able to successfully retest the support level published during the previous analysis, located at 143.90, to record its lowest level during the previous trading session at 144.00, to return to the upside rebound. The technical aspect today indicates the possibility of continuing the rally with the …
Read More »GBP/JPY: Looking For Momentum
The technical outlook remains unchanged, and the pound’s moves against the Japanese yen have not changed little, preserving the positive stability above 144.00. On the technical side, today we find the pair is stable above the 50-day moving average, which meets around the support level of 143.90 and adds more …
Read More »GBP/JPY: Attacks The Resistance
The pound sterling, against its Japanese counterpart, was able to touch our first desired target mentioned in the previous technical analysis, located at 145.00, to hit a high of 144.95. On the technical side, we find the pair stable above the 50-day moving average, which meets around the support level …
Read More »GBP/JPY: Building on Support
The pound against the yen succeeded in touching our published target during the previous analysis, located at 142.80, recording its lowest price of 142.80, to rebound once again to the upside, taking advantage of the support level of 142.80, which is our first target. The chances of it rising towards …
Read More »GBP/JPY: Tends to be Negative
Negative trading is dominating the movements of the pound sterling against its Japanese counterpart within the expected bearish path, approaching a few points difference from the published target of 142.80, recording the lowest price of 142.95. On the technical side, the pair started its daily trading by pressing the support …
Read More »GBP/JPY: Tends to be Negative
The pound’s current moves against the Japanese yen are witnessing a slight bearish bias after finding a strong resistance level near 143.70. On the technical side, the pair started its daily trading by pressing the support level at 143.10 under negative pressure coming from the 50-day simple moving average. We …
Read More »GBP/JPY: Tends to be Positive
The British pound against the Japanese yen succeeded in touching the first target to be achieved during the previous analysis, located at 144.10. On the technical side, we are positive in our trading, depending on the price stability above 143.20, in addition to the pair continuing to get a positive …
Read More »GBP/JPY: Extends Gains
The pound sterling achieved a noticeable rise against its Japanese counterpart within the expected bullish path mentioned in the previous analysis, touching the official target 143.20, to record its highest level at the beginning of the weekly trading at 143.95. On the technical side, today, we find the pair succeeded …
Read More »GBP/JPY: The Pound Yen Starts on The Positive Side
The positive moves continued to dominate the Pound against the Japanese Yen, achieving the first bullish target published during the previous analysis at 142.85. On the technical side today, with trading stabilizing above the support floor at 142.20, in addition to the pair continuing to get a positive motive from …
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