The GBPJPY fluctuates below the barrier – Analysis – 6-9-2021
Economies.com
2021-09-06 04:23AM UTC
The GBPJPY pair continued to postpone the bullish attack, affected by the strength of 152.30 barrier, to force it to form temporary sideways fluctuation as appears on the chart.
The stability of this barrier might force the price to form temporary negative rebound to test the moving average 55 that forms additional support at 151.30, while succeeding to achieve the required breach will open the way to resume the bullish attack, to expect moving towards 153.10 and 145.25 levels.
The expected trading range for today is between 152.30 and 151.80
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
Update: Weak trades, waiting the US economic data
2024-05-03 08:20AM UTC
The major currencies’ pairs and commodities show weak and tight trades since morning, waiting ...
Forex
The EURJPY threats the support – Forecast today – 3-5-2024
2024-05-03 07:07AM UTC
Scenarios Scenario 1: Potential for Positive Momentum EURJPY pair unable to shake off negative ...
Forex
The GBPJPY fluctuates near the support – Forecast today – 3-5-2024
2024-05-03 07:06AM UTC
Scenarios Scenario 1: Activation of Bullish Momentum GBPJPY pair forms new negative waves, ...