The GBPJPY continues to fluctuate within the bearish channel – Analysis – 30-4-2019

Economies.com
2019-04-30 06:48AM UTC

Despite the GBPJPY pair’s new sideways trades recently, its main stability within the bearish channel confirms the preparation to form new negative attack on the near term and medium term basis, as the moving average 55 continues to form additional barrier by leaning at 144.75 level today to increase the chance of gathering the required additional negative momentum to achieve the targets at 143.00 and 142.10 levels.

 

The expected trading range for today is between 144.75 and 143.00

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
EUR/USD news

Forex

Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
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 ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The GBPUSD price shows new positive trades attempting to approach the ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The EURUSD price surpassed the 1.0715$ level and closed the last four ...
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 ...