The GBPJPY gathers its strengths – Analysis – 16-1-2020

Economies.com
2020-01-16 07:41AM UTC

The GBPJPY pair continued to form clear positive fluctuation due to its consolidation within the bullish channel, to approach 143.80 barrier, also, stochastic crawl towards the overbought areas allows us to wait to breach this barrier to manage to record more positive targets that might start at 144.30 and 145.60 levels.

 

The expected trading range for today is between 142.80 and 144.30

 

The expected trend for today: Bullish

Forex and Currency News

EUR/USD news

Forex

Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
AUD/USD news

Forex

Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
GBP/USD news

Forex

Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price touches the recent high – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
USDCHF Price Analysis The USDCHF price resumes its positive trading to test the recently ...
NZD USD Analysis

Forex

The NZDUSD price needs strong positive motive – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
NZDUSD Price Analysis The NZDUSD price fluctuates within sideways and tight track since ...
AUD USD Analysis

Forex

The AUDUSD price keeps its positive stability – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
AUDUSD Price Analysis The AUDUSD price attempted to break 0.6500$ level but it kept its ...