Tag Archives: yen

GBP/JPY tends to be positive, benefiting from the stability above 139.80 support. On the technical side, we tend to be positive, depending on trading above the aforementioned support, in addition to the positive motive of the 50 day moving average. Therefore, we target 140.65 as a first target, bearing in …

Various moves took control of the pound sterling against its Japanese counterpart, as the current trading witnesses attempts by the pair to build a base on the floor of the support of 193.50. On the technical side, and with a closer look at the chart, we find a conflict in …

The pound’s current moves against the Japanese yen are witnessing a downward slope after a failure to hold a long time above the 141.00 level. On the 60-minute time frame, we see the RSI indicator gradually losing the bullish momentum, accompanied by clear negative signs on Stochastic. From here, with …

The British Pound started its daily trading with a bullish slope, but it is still limited benefiting from stability above the psychological barrier of 138.00. On the technical side, and despite the current slight bullish bias, we tend to be negative, depending on trading stability below 139.20 accompanied by the …

The British pound fell against the Japanese yen yesterday, reaching a low of 136.96. On the technical side, and with the pair’s success in breaking the support level 139.10, which is now converted into a resistance level, accompanied by the continued negative pressure coming from the simple moving averages. From …

The British Pound retreated significantly against the Japanese Yen, to start its first weekly trading on a strong bearish slope that is stable below 138.80. On the technical side, we tend to negatively trade our trades, depending on the negative crossover signals coming from the stochastic indicator. Therefore, the bearish …

We maintained our intraday neutrality during the previous analysis, despite our trading bias towards the negative, due to the conflicting technical signals and the high level of risks. The current moves of the pound against the Japanese yen are witnessing a bearish tendency as a result of stabilizing below the …

The British pound sterling achieved noticeable gains against its US counterpart during the previous trading session, touching our first awaited target at 139.90, recording its highest level during the last session at 140.07. On the technical side, and with a closer look at the 4-hour chart, we find negative signs …

The resistance levels published in the previous analysis, represented by 139.60, were able to limit the bullish bias that the pound witnessed against the Japanese yen. On the technical side, we tend to be positive, relying on the positive motive coming from the 50-day moving average, coinciding with the RSI’s …

Positive trading dominated the moves of the pound against the Japanese yen, approaching a few points difference from the target published during the previous analysis at 139.50, to record its highest level at 139.43. On the technical side, the current moves are witnessing a bearish tendency, as the pair found …