The GBPJPY records new target – Analysis – 19-3-2021

Economies.com
2021-03-19 08:06AM UTC

The GBPJPY pair recorded new positive target yesterday by reaching 152.55, confirming keeping the domination of the expect bullish bias, while the current rebound hints the attempt to gather the additional positive momentum to repeat the attempt to resume rise until reaching 152.90 level, while surpassing it will push to touch the bullish channel’s resistance at 153.60.

 

We remind you that it is important to hold above the additional support at 150.50 to confirm blocking the price within the bullish track until reaching the suggested additional stations.

 

The expected trading range for today is between 150.80 and 152.95

 

The expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
USD/JPY news

Forex

Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
GBP/JPY news

Forex

Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

EUR USD Analysis

Forex

End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...
Technical Analysis

Forex

The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...