The GBPJPY attempts to regain the positivity – Analysis – 01-12-2020

Economies.com
2020-12-01 06:26AM UTC

The GBPJPY pair begins today by forming bullish rally, attempting to settle above 139.30 to increase the chances of regaining the bullish bias in the near term and medium term period, thus, we recommend waiting to get positive close above this barrier followed by starting to suggest the bullish trades to target 140.20 followed by reaching 141.00 extended resistance.

 

The expected trading range for today is between 139.00 and 140.20

 

The expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar reverses higher as markets speculate about interest rates
2024-05-06 20:54PM UTC
The dollar rose against most major rivals on Monday after stabilizing earlier in the ...
Forex News

Forex

Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
EUR/USD news

Forex

Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 06-05-2024
2024-05-06 11:08AM UTC
GBPUSD Price Analysis The GBPUSD price attempts to breach the 1.2580$ level. Waiting to surpass ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 06-05-2024
2024-05-06 11:08AM UTC
EURUSD Price Analysis The EURUSD price settles at the intraday bullish channel’s support ...
NZD USD Analysis

Forex

Deere price surrounded with positive pressures - Forecast today - 06-05-2024
2024-05-06 10:28AM UTC
Deere & Company’s stock (DE) extended its gains in the intraday levels, amid the ...