No news for the GBPJPY – Analysis – 15-6-2021

Economies.com
2021-06-15 05:39AM UTC

The GBPJPY pair couldn’t not exit the sideways bias due to its fluctuation between 154.30 support and 155.70 resistance, thus, we will continue with our neutrality until surpassing one of these levels to manage to detect the next targets.

 

We remind you that declining below the mentioned support will activate the correctional bearish track that might target 153.00 followed by 151.80 levels, while breaching the resistance and settling above it will open the way to form strong bullish waves that might extend towards 156.30 followed by reaching the bullish channel’s resistance at 157.40.

 

The expected trading range for today is between 155.65 and 154.30

 

The expected trend for today: Neutral

Forex and Currency News

Forex News

Forex

The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
USD/JPY news

Forex

Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
GBP/JPY news

Forex

Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

Technical Analysis

Forex

The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...
EUR JPY Analysis

Forex

The EURJPY achieves fake gains – Forecast today – 29-4-2024
2024-04-29 05:51AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair started today by forming ...
GBP JPY Analysis

Forex

The GBPJPY exceeds the expectations – Forecast today – 29-4-2024
2024-04-29 05:49AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair was affected by strong economic ...