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The GBPJPY faces strong challenge– Forecast today – 11-8-2025

Economies.com
2025-08-11 05:17AM UTC
AI Summary
  • GBPJPY pair faced a strong challenge after forming extra barriers at the 66% Fibonacci correction level
  • Stepping above the current barrier is necessary to resume bullish attempts and reach positive stations starting at 200.45
  • The expected trading range for the day is between 198.25 and 200.40, with a bullish trend forecasted

The GBPJPY pair took advantage of the positive factors that ae represented by the positive momentum from the main indicators and forming a new support at 197.45 level, forming a new bullish rally on Friday by achieving the target at 198.85, to face strong challenge by forming extra barriers by 66%Fibonacci correction level.

 

Stepping above the current barrier is required to resume the bullish attempts, besides providing positive close to reinforce the chances of reaching extra positive stations that might begin at 200.45, while the failure to breach will push it to renew the bearish correctional attempts, which forces it to reach 61.8%Fibonacci correction level at 197.45, and breaking it will extend the losses in the near period to 196.55 and 195.60.

 

The expected trading range for today is between 198.25 and 200.40

 

Trend forecast: Bullish

 

Platinum price fluctuates between the levels– Forecast today – 11-8-2025

Economies.com
2025-08-11 05:15AM UTC

There is no change in the sideways trading of Platinum price, due to its repeated fluctuation between the barrier at $1342.000, while $1300.00 level forms extra support as appears in the above image.

 

We recommend staying aside until surpassing one of these levels to detect the suggested trend in the upcoming trading, surpassing this barrier and holding above it will increase the chances for recording some gains by its rally at $1375.00 and $1415.00, while facing strong pressure and reaching below the current support will force it to suffer clear losses by targeting 38.2%Fibonacci correction level at $1255.00.

 

The expected trading range for today is between $1305.00 and $1342.00

 

Trend forecast: Neutral

 

VIP Trading Signals Performance by BestTradingSignal.com for the Week of August 4–8, 2025

Economies.com
2025-08-11 04:16AM UTC

According to BestTradingSignal.com, here’s the detailed weekly performance of VIP trading signals for the period August 4–8, 2025. The signals covered gold, oil, global indices like the Dow Jones, and major forex pairs, delivering strong results within just one trading week. For more trusted providers, visit the trading signals section on Economies.com.

  • US Oil: +100 / +80 / +40 / +30
  • GBP/JPY: +100
  • CHF/JPY: +100
  • Dow Jones: +600
  • Gold: -90 / +80 / +400 / +160 / +200
  • EUR/USD: +80

Total pips: +1840

The (ETHUSD) is surrounded by positive pressures -Analysis- 11-08-2025

Economies.com
2025-08-11 04:28AM UTC

The (ETHUSD) price settled high in its last intraday trading, amid the full dominance of the main bullish trend and its trading alongside a minor bias on the short-term basis for this trend, supported by its continuous trading above EMA50, besides the emergence of the positive signals on the (RSI), after reaching oversold levels, opening the way for achieving more of the gains.

 

 

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

To view the full performance report for this week, visit the following link:

  View Full Performance Report

Frequently asked questions

What is the price of GBP/JPY today?

The price of GBP/JPY is $198.6464 (2025-08-11 14:36PM UTC)