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 …
Read More »GBP/JPY: Starts on The Positive Side
The pound sterling started its daily trading against its Japanese counterpart positively, benefiting from the support level of 140.40, as the current moves witnessed stability around the highest level during the early in early session at 141.10. On the technical side, we are biased towards the positive side, relying on …
Read More »GBP/JPY: Facing Negative Pressure
The current moves of the British pound against its Japanese counterpart are seeing a bearish bias on short time frames after failing to hold a long term above 141.00. The technical side today indicates the possibility of a bearish bias during the coming hours, as a result of the clear …
Read More »GBP/JPY: Maintains Gains
Positive trading dominated the movements of the pound against the Japanese yen, touching the second official target to be achieved at 141.00. Technically, we tend to be positive in our trades, but cautiously, relying on trading stability above the support level of 140.30 and the most important 140.00, in addition …
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