The GBPJPY approaches the barrier – Analysis – 22-7-2021
Economies.com
2021-07-22 08:14AM UTC
The GBPJPY pair formed new positive rebound yesterday to notice approaching the additional barrier at 151.80, while the upcoming scenario depends on the strength of this barrier, to expect renewing the correctional bearish attempts that might target 150.20 and 147.80 levels.
Surpassing this barrier and holding above it will increase the chances of regaining the bullish bias, to expect forming bullish rally and target 153.00 initially.
The expected trading range for today is between 152.00 and 150.20
The expected trend for today: Bearish
Forex and Currency 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 ...
Forex
Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
Forex
Euro gains ground and heads for $1.07
2024-04-22 07:45AM UTC
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The NZDUSD price attempts positively – Forecast today - 24-04-2024
2024-04-24 03:58AM UTC
NZDUSD Price Expected Scenario The NZDUSD price shows calm bullish bias to move away ...
Forex
The AUDUSD price hits the target – Forecast today - 24-04-2024
2024-04-24 03:58AM UTC
AUDUSD Price Expected Scenario The AUDUSD price managed to achieve our waited target at ...
Forex
The USDCAD price hits the first target – Forecast today - 24-04-2024
2024-04-24 03:55AM UTC
USDCAD Price Analysis USDCAD Scenario: The USDCAD price succeeded to touch our first waited ...