The pound sterling against the Japanese yen started its morning trading for the current session with clear negativity after hitting the resistance level of 142.30. On the technical side today, and with the continuation of the negative pressure of the 50-day moving average that meets around 142.00, in addition to …
Read More »GBP/JPY: On Positive Side
Positive trading dominated the movements of the pound sterling against the Japanese yen, cancelling the negative outlook, as we expected, and touching the stop loss order published in the previous analysis at 142.20. On the technical side, the current moves are witnessing a bullish bias supported by the positive motive …
Read More »GBP/JPY: Faces Negative Pressure
The current moves of the pound sterling against its Japanese counterpart are witnessing a slight bearish bias, as a result of meeting the resistance level 142.30, 2nd goal of previous analysis. On the technical side, we are biased to the negativity relying on the clear negative crossover signals on the …
Read More »GBP/JPY: Temporary Negative Pressure
The current moves of the pound sterling against its Japanese counterpart are witnessing a slight bearish tendency, as a result of a collision with the resistance level 142.30 represented by the second target of the previous analysis. On the technical side, we are biased to the negativity relying on the …
Read More »GBP/JPY: on The Positive Side
The pound’s movements against the Japanese yen witnessed a bullish tendency within the positive context, as we expected, benefiting from building on the support floor of 141.20. On the technical side today, we tend to be positive in our trading, depending on the pair’s stability above the aforementioned support, which …
Read More »GBP/JPY: Starts on The Positive Side
Positive trades dominated the movements of the pound sterling against the Japanese yen, as the current trading witnessed stability near the highest level of at 141.55. On the technical side, we tend to be positive, relying on the positive motive of the 50-day moving average, which came back to hold …
Read More »GBP/JPY: Negativity Persists
Negative trading continues to control the pound against its Japanese counterpart, surpassing the second official target required to be achieved at 141.30, recording its lowest level during early trading for the current session at 140.65. On the technical side today, and with a closer look at the 240-min chart, we …
Read More »GBP/JPY: Negative Intraday Pressure
Against the Japanese yen, the pound was able to touch the first target required to be achieved during the previous trading session at 142.20, recording high at of 142.25. On the technical side, intraday trading is witnessing a slight bearish tendency as a result of the collision with the psychological …
Read More »GBP/JPY: Re-test Support
The pound against the Japanese yen hit its highest level during the previous trading session around the first target to be achieved, 142.30, to hit a high of 142.26. Technically, despite the slight downside bias that the pair’s movements are witnessing on short time frames, we tend to be positive, …
Read More »GBP/JPY: Trading Positive
Positive trading dominated the pound’s movements against its Japanese counterpart within the expected upward trend, touching the second target to be achieved, 141.70, posting a high of 142.02. On the technical side, we are positive in our trading, relying on the positive motive of the 50-day moving average, in addition …
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