The GBPJPY still confined – Analysis – 20-3-2019
Economies.com
2019-03-20 07:13AM UTC
The GBPJPY pair formed some positive trades yesterday, while its move between 148.60 barrier and the initial support 147.30 allows us to continue with our neutrality in the near term period.
We assure the importance of breaching the current barrier to resume the bullish attack, that targets 149.60 followed by 150.30 levels, while breaking the initial support will confirm surrendering to the correctional bearish bias to be forced to suffer some losses by moving towards 146.30.
The expected trading range for today is between 147.30 and 148.60
The expected trend for today: Neutral
Forex and Currency News
Forex
Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...
Forex
Euro under pressure ahead of European inflation data
2024-04-30 07:41AM UTC
Euro declined in European trade on Tuesday against a basket of major rivals, backing away from ...
Forex
Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price trades with clear negativity to ...
Forex
The AUDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price is facing additional negative ...
Forex
The EURUSD price forecast update - 30-04-2024
2024-04-30 09:23AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows new negative trades to ...