The pound showed a positive trade against the Japanese yen, maintaining a gradual rise to the upside, approaching a few points difference from goal of 140.60, posting a high of of 140.45. Technically, we see the price is stable above 139.30, and the RSI indicator is stable above the middle …
Read More »GBP/JPY: Continues to Gain Ground
Positive trading dominated the movements of the pound sterling against its Japanese counterpart, touching the official target to be achieved yesterday, located at 140.35, posting a high of 140.31. On the technical side, today we find the price is stable above 139.30, and the RSI indicator is stable above the …
Read More »GBP/JPY: Maintains Positive Stability
The Pound jumped against the Japanese Yen, surpassing the required target within the expected bullish path, reaching its highest level during the previous trading session at 139.60. Technically, with the pair able to build on the 139.00 support floor, with the pair continuing to get a positive stimulus from the …
Read More »GBP/JPY: Looking For Momentum
Negative trading dominated the pound’s movements against its Japanese counterpart within the expected bearish context during the previous report, to touch the first required target of 138.65, posting its lowest level at 138.42. On the technical side today, despite the slight bearish bias, we believe that building a base above …
Read More »GBP/JPY: Still on The Downside
Negative trading dominates pound’s movements against its Japanese counterpart, after finding strong resistance near the psychological level of 140.00. On the technical side, today the current movements are witnessing a bearish bias, due to the pressure of the clear negative crossover signals on the stochastic indicator, in addition to the …
Read More »GBP/JPY: Temporary Negative
The pound touched against its Japanese counterpart, the first target to be achieved during the previous report, located at 139.80, to hit its highest level at 138.84. On the technical side, the current moves are witnessing a bearish bias, as a result of stochastic losing bullish momentum, in addition to …
Read More »GBP/JPY: Trying to Consolidate
Positive trading dominated the moves of the pound against the Japanese yen, touching the second target to be achieved yesterday at 139.40, posting a high of 139.47. On the technical side, the current movements are witnessing a slight bearish bias, as a result of intraday buying. With a closer look …
Read More »GBP/JPY: Maintains Gains
The technical outlook remains unchanged on the pair’s movements, to maintain the bullish path as we expected during the last trading sessions last week, shy of the first target 138.45, posting high at 138.31. Technically, the current moves are witnessing an intraday stability above the breached resistance level of 137.60, …
Read More »GBP/JPY Looking For Extra Momentum
The pound returned to dominate the movements of the British Pound against its US counterpart, after finding solid support floor near 137.00. Technically, the current moves are witnessing an intraday stability above the breached resistance level of 137.60, and we find that the stochastic indicator started to provide signs that …
Read More »GBP/JPY Tends to be Negative
The Pound retreated against its Japanese counterpart, nullifying the expected positive outlook, approaching the stop loss order published in the previous analysis, at 137.00, posting a low of 137.18. Technically speaking, we tend to be negative in our trading, relying on intraday trading below 137.65, in addition to losing the …
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