Our first upside target which we predicted in yesterday's analysis at 151.60 has been hit. The short-term trend remains up following the rebound from the key support level at 150.15 former key resistance. On an intraday basis, the pair is supported by its ascending 20-period and 50-period moving...
All our targets which we predicted in previous analysis have been hit. We will retain our upside prediction of GBP/JPY movement. The pair is expected to continue its upside movement and a further advance is expected. The pair is supported by its ascending 20-period and 50-period moving averages...
We will retain our yesterday's outlook of GBP/JPY. It is still expected to trade in a higher range. The pair is holding on the upside and is trading above its rising 20-period and 50-period moving averages, which play support roles. The relative strength index is above its neutrality level at 50....
All our targets which we predicted in yesterday's analysis has been hit. GBP/JPY is expected to continue its upside movement. The pair broke above the declining trend line, which confirmed a negative outlook. The upward momentum is further reinforced by the risining 50-period moving average. The...
OverviewThe GBP/JPY pair managed to breach 144.20 resistance clearly yesterday to regain the bullish bias and record big gains by reaching 146.55 level. Meanhwile, we will depend on the new support base formed by the breached resistance to expect targeting new upward levels that start at 147.85...
All our targets which we posted in our targets have been hit. The pair remains supported by its rising trend line on an intraday basis. The 20-period moving average is heading upward, and should continue to push the prices higher. Moreover, the relative strength index is bullish, and calls for...
GBP/JPY is expected to continue its upside movement in today's trading. The pair recorded higher tops and higher bottoms, which confirmed a positive outlook. The upward momentum is further reinforced by both rising 20-period and 50-period moving averages. The relative strength index advocates...
GBP/JPY is under pressure and expected to continue its downside movement. The pair formed an intraday "V-top" pattern last night and is clearly turning down. The nearest key resistance at 142.25 maintains the strong selling pressure on the prices. In addition, the 20-period moving average is about...
The pair has clearly reversed up, and is likely to post a new rise in the coming trading hours. A bullish cross has been identified between the 20-period and 50-period moving averages (a positive signal). Besides, the relative strength index stands firmly above its neutrality area at 50. Hence, as...
Our all targets which we predicted in our previous analysis has been hit. The pair accelerated on the downside last night, capped by its falling 20-period and 50-period moving averages. The process of lower highs and lows remains intact, which should confirm a negative intraday outlook....
