The GBPJPY postpones the correctional decline – Analysis – 31-3-2021
Economies.com
2021-03-31 04:11AM UTC
The GBPJPY pair hinted postponing the correctional bearish attack by surpassing 151.90 barrier, to increase the chances of moving towards 152.95 level soon, also, 151.10 level forms additional support to allow us to suggest more temporary bullish attempts that might target the bullish channel’s resistance at 154.20, followed by monitoring the price behavior due to the importance of this barrier to detect the next main trend.
The expected trading range for today is between 151.10 and 152.95
The expected trend for today: Bullish temporarily
Forex and Currency News
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
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 ...
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 ...
Forex Technical Analysis
Forex
The GBPAUD prepares to decline – Forecast today – 25-4-2024
2024-04-25 05:48AM UTC
GBPAUD Price Analysis The GBPAUD price confirmed its surrender to the domination of the bearish ...
Forex
The EURJPY achieves big gains – Forecast today – 25-4-2024
2024-04-25 05:42AM UTC
EURJPY Pair Analysis The EURJPY pair succeeded to resume the bullish attack since this morning ...
Forex
The GBPJPY resumes the rise – Forecast today – 25-4-2024
2024-04-25 05:41AM UTC
GBPJPY Pair Analysis The GBPJPY pair took advantage of the frequent positive pressures to ...