USDJPY Overcomes Negative Pressure – Analysis –02-11-2026

The GBPUSD pair declined in its latest intraday trading, as the pivotal resistance level at 1.3405 held firm. The pair is now attempting to establish a higher low that could serve as a base for building the positive momentum needed to resume its recovery and break above this resistance.

Bitcoin (BTCUSD) extended its cautious gains in its latest intraday trading, as the price attempts to correct its main short-term bearish trend. This comes amid movements along a minor trend line that supports this corrective path while limiting the chances of a full recovery in the near term.

Crude oil slipped lower in its latest intraday trading, indicating the continuation of the key resistance’s stability at $102.00, with the emergence of negative signals from the relative strength indicators after forming negative divergence and reaching overbought levels, which intensified the negative pressure on the price.