GBP/JPY Weekly Morning Technical Report 11/12/2013
ecPulse
2013-12-11 07:23AM UTC
The pair is fluctuating sideways within a tight range since yesterday around 169.00 and we can see Stochastic gained positive momentum supporting the general uptrend/ Therefore, we still favor positivity over intraday and short term basis and trading above 169.05 is needed to support our outlook eying now areas of 172.30.
**Trading range expected today is between the key support at 167.95 and key resistance 171.50
Forex and Currency News
Forex
Euro approaches week high amid positive outlook
2024-04-18 08:30AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
Forex
Sterling starts recovering after hot UK inflation data
2024-04-17 06:43AM UTC
Sterling rose in European trade on Wednesday for the first time in four days against the dollar, ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 19-04-2024
2024-04-19 10:43AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades with clear positivity to ...
Forex
The NZDCAD surrenders to the resistance line stability – Forecast today – 19-4-2024
2024-04-19 08:21AM UTC
NZDCAD Pair Analysis Expected Scenario The NZDCAD pair has confirmed its submission to ...
Forex
The EURJPY faces the negative pressures – Forecast today – 19-4-2024
2024-04-19 08:16AM UTC