No news for GBPJPY pair – Analysis – 2-10-2018

Economies.com
2018-10-02 06:29AM UTC

No news for the GBPJPY pair, as it continues to lack the positive momentum, forcing it to provide more sideways trading by consolidating at 148.45 level, reminding you that the bullish scenario will remain valid as long as 147.35 support line remains intact, to decrease the chances of turning back to the negative track that appears on the chart.

 

Therefore, we will keep waiting to gather the required positive momentum to resume the bullish attack, reminding you that the main targets located at 149.65 followed by 150.45.

 

Expected trading range for today is between 147.90 and 149.65

 

Expected trend for today: Bullish

Forex and Currency News

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 ...
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 ...

Forex Technical Analysis

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 ...
USD CHF Analysis

Forex

The USDCHF price awaits more rise – Forecast today - 20-05-2024
2024-05-20 03:56AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price settles above the EMA50, ...