No news for the GBPJPY – Analysis – 7-4-2020

Economies.com
2020-04-07 08:58AM UTC

No news for the GBPJPY pair, as it continues the sideways fluctuation between 134.60 barrier and 133.20 initial support that blocks the previously waited negative attempts.

 

We remind you that the stability of the current barrier allows us to keep our bearish overview that requires breaking 133.20 level in order to reach 132.06, while breaching the current barrier and holding above it confirms moving into the bullish track to start targeting the positive levels that start at 135.55 followed by 137.00.

 

The expected trading range for today is between 134.60 and 132.06

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar hits six-week high ahead of US growth data
2024-03-28 11:38AM UTC
US Dollar's Rise in European Trade The US dollar rose in European trade on Thursday against a ...
EUR/USD news

Forex

Euro sharpens decline to five-week trough on the interest rate gap
2024-03-28 08:30AM UTC
Euro declined in European trade on Thursday against a basket of major rivals, sharpening losses for ...
Forex News

Forex

Dollar under pressure ahead of Christopher Waller's speech
2024-03-27 11:18AM UTC
The dollar declined in European trade on Wednesday against a basket of major rivals away from ...

Forex Technical Analysis

EUR USD Analysis

Forex

End of day EURUSD price forecast update - 28-03-2024
2024-03-28 17:42PM UTC
The EURUSD price provided additional negative trades to reach the thresholds of the first waited ...
NZD USD Analysis

Forex

The NZDUSD price forecast update 28-03-2024
2024-03-28 10:19AM UTC
NZDUSD Price Analysis The NZDUSD price resumes its negative trading to move away from 0.6000$ ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 28-03-2024
2024-03-28 10:19AM UTC
AUDUSD Price Analysis The AUDUSD price achieved initial break to 0.6500$ level and closed the ...