The GBPJPY attempts to regain the positivity – Analysis – 01-12-2020

Economies.com
2020-12-01 06:26AM UTC

The GBPJPY pair begins today by forming bullish rally, attempting to settle above 139.30 to increase the chances of regaining the bullish bias in the near term and medium term period, thus, we recommend waiting to get positive close above this barrier followed by starting to suggest the bullish trades to target 140.20 followed by reaching 141.00 extended resistance.

 

The expected trading range for today is between 139.00 and 140.20

 

The expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
EUR/JPY news

Forex

Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
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 ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price faces solid resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price encountered solid resistance at ...
NZD USD Analysis

Forex

The NZDUSD price rises again – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price has returned to rise after a ...
AUD USD Analysis

Forex

The AUDUSD price attempts positively – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price has shown new positive trades ...