GBP JPY fluctuates inside the channel 8/2/2013
Economies.com
2013-02-08 08:06AM UTC
The pair achieved 148.00 in yesterday’s trading without holding around this level around 147.00 to keep 148.00 as an obstacle against the bullish bias.
In general, the price remains within the bullish channel level if the channel support level at 145.45 remained intact, to accomplish the initial target level at 148.80 during the near and medium period.
Expected trading range is between 145.60 and 148.80
Expected trend: bullish
Forex and Currency News
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...
Forex
The EURUSD price forecast update - 03-05-2024
2024-05-03 13:51PM UTC
The EURUSD price rallied upwards strongly to succeed touching our waited target at 1.0795$, ...