The GBPJPY continues the sideways fluctuation – Analysis – 10-8-2020
Economies.com
2020-08-10 05:14AM UTC
The GBPJPY pair surrendered to the domination of the sideways bias recently, affected by 139.60 level forming solid barrier against the bullish attempts, to repeat the fluctuation near the initial support 137.70.
The price needs strong positive momentum to manage to breach the mentioned barrier and open the way to start recording the additional positive targets by moving towards 140.80 and 142.35 levels.
The expected trading range for today is between 138.00 and 139.65
The expected trend for today: Sideways
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...