GBPJPY holds above the moving average – Analysis – 14-2-2019
Economies.com
2019-02-14 08:05AM UTC
The GBPJPY pair confirmed its readiness to resume the expected bullish correction by its repeated stability above the moving average55 at 142.40 for today, therefore, we will keep waiting for hitting the resistance at 143.35, then monitor the price behavior to detect the main targets in the upcoming trading.
Note that the price success to breach the targeted resistance, so that will confirm resuming the bullish attack, to expect achieving new targets by reaching 144.10 and 144.85.
The expected trading range for today is between 142.40 and 143.35
The expected trend for today: Bullish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex Technical Analysis
Forex
The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
Forex
The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...
Forex
The EURUSD price forecast update - 08-05-2024
2024-05-08 09:35AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles below the intraday ...