Tag Archives: yen

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 …

The British Pound against the Japanese Yen found a solid support floor around 136.80, to witness the current moves, an upward slope approaching a re-test of 138.80 resistance. On the technical side, and by looking at the 60-minute chart, we find the 50-day moving average supports the upside. This comes …

Negative trading dominated the pound’s movements against the Japanese Yen, as we expected, touching the target to be achieved mentioned in the previous analysis, at 138.10, recording 138.20, its lowest price during the previous session. On the technical side, today the current moves are witnessing a slight upward slope, as …

Mixed trades tended to positively dominate the movements of the pound sterling against the Japanese yen, posting its highest level at 140.35. On the technical side, the current moves are witnessing stability below 140.00, as the stochastic indicator is still providing signs of a negative crossover. From here we will …

The British pound is showing positive moves against the Japanese yen, benefiting from stability above 138.50 support. On the technical side, and with a closer look at the 4-hour chart, we find that the stochastic indicator began to gradually lose the bullish momentum, and the simple moving averages are still …

Strong negative trades dominated the pound’s movements against its Japanese counterpart yesterday, touching the second target during the previous trading session at 138.70, posting low at 137.90. On the technical side, we tend to be negative in our trading, relying on the stability of trading below the resistance of the …

The pair started its first weekly trading with a bearish bias, after it faced a strong resistance level near 140.470, to witness the current moves of the pair stabilizing below 140.00 again. Technically, trading remained below the mentioned level accompanied by negative pressure coming from the simple moving averages. Therefore, …

The GBP/JPY failed to stabilize for a long time above the 140.30 resistance level, which is a temporary obstacle preventing the pair from continuing the rally. Technically speaking, the current movements are witnessing a bearish bias due to stability below the aforementioned level, and we see negative signs appearing on …