The GBPJPY provides positive signal – Analysis – 26-11-2020

Economies.com
2020-11-26 06:11AM UTC

The GBPJPY pair succeeded to provide positive stability above 139.40 yesterday, to ease the mission of resuming the bullish attempts, waiting to achieve additional targets by moving towards 140.10 followed by reaching the bullish channel’s resistance at 140.80.

 

Note that succeeding to surpass the targeted resistance will reinforce the domination of the bullish bias, to provide the price to test the previously recorded top at 142.70.

 

The expected trading range for today is between 139.00 and 140.80

 

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

GBP USD Analysis

Forex

The GBPUSD forecast update 24-04-2024
2024-04-24 09:29AM UTC
The GBPUSD price shows negative trades to head towards testing the key support 1.2385$, which ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 24-04-2024
2024-04-24 09:29AM UTC
Analysis of Expected Scenarios The EURUSD price begins to rebound bearishly after testing ...
Technical Analysis

Forex

The CADJPY settles within the bullish track – Forecast today – 24-4-2024
2024-04-24 05:44AM UTC
CADJPY Price Analysis Expected Scenario The CADJPY price kept its consolidation within ...