The GBPJPY continues to rise – Analysis – 6-4-2021
Economies.com
2021-04-06 04:50AM UTC
The GBPJPY pair continued to provide strong bullish trades, taking advantage of the frequent stability above 151.90 that forms additional support against the bullish attempts, to notice reaching 153.40.
We remind you that the continuous positive signals coming by the major indicators will ease the mission of resuming the bullish attack, to keep waiting to touch the bullish channel’s resistance at 154.60 followed by monitoring the price behavior due to the importance of this level to detect the next main trend.
The expected trading range for today is between 151.90 and 154.60
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...
Forex
Kiwi plumbs two-week trough after disappointing labor data
2024-05-01 05:03AM UTC
The New Zealand dollar fell in Asian trade on Wednesday against a basket of major rivals, ...
Forex
Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 01-05-2024
2024-05-01 10:07AM UTC
GBPUSD Price Analysis: Expected Scenarios The GBPUSD price attempted to break 1.2480$ level but it ...
Forex
The EURUSD price forecast update - 01-05-2024
2024-05-01 10:07AM UTC
EURUSD Price Analysis: Expected Scenarios The EURUSD price shows some slight bullish bias now, ...
Forex
The GBPCHF provides positive signal – Forecast today – 1-5-2024
2024-05-01 05:33AM UTC
Scenarios and Trading Range Expected Scenarios GBPCHF price provided positive signals by ...