GBP JPY continues calmly

Economies.com
2013-10-22 07:46AM UTC

The pair continues with the positive attempts to notice reaching near the initial target at 158.80 and the price remains affected by the bullish bias in general, thus, the bullish overview remains valid to reach 160.20 as a main target for the next trading conditioned by the stability of 156.75

 

Stochastic settles around 80 level attempting to gain new positive momentum to support the continuation of the bullish effect to reach the previously mentioned target.

 

Expected trading range is between: 157.60 and 160.20

 

Expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar under pressure ahead of Fed remarks
2024-05-20 11:53AM UTC
The dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
EUR/USD news

Forex

Euro trades at two-month highs amid positive outlook
2024-05-20 06:38AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains and ...
USD/JPY news

Forex

Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...

Forex Technical Analysis

EUR USD Analysis

Forex

The EURUSD price forecast update - 20-05-2024
2024-05-20 10:38AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows negative trading now, in ...
EUR JPY Analysis

Forex

The EURJPY jumps above the barrier – Forecast today – 20-5-2024
2024-05-20 05:45AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair was affected by frequent positive ...
GBP JPY Analysis

Forex

The GBPJPY approaches the additional target – Forecast today – 20-5-2024
2024-05-20 05:45AM UTC
GBPJPY Pair Analysis Expected Scenario The GBPJPY pair succeeded in holding above the ...