GBP JPY hits positive levels 20/9/2013

Economies.com
2013-09-20 08:06AM UTC

The pair reached 160.00 level yesterday hitting some previously expected targets, to continue expecting the positive bias targeting 160.40, which forms the main target for the near term trading, while we should note that breaching the mentioned level will open the way to head towards more levels, which might reach to 163.30, that represents the current upside channel’s resistance.

 

Expected trading range is between 158.70 and 160.40

 

Expected trend: bullish 

Forex and Currency News

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 ...
EUR/USD news

Forex

Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
USD/JPY news

Forex

Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Technical Analysis

Forex

The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...