The GBPJPY continues to record targets – Analysis – 6-12-2019
Economies.com
2019-12-06 08:21AM UTC
The GBPJPY pair kept its positive stability above 142.60 to reinforce the domination of the bullish bias, noticing recording new target by reaching 143.22, while the main consolidation within the bullish channel allows us to suggest more bullish attempts to wait moving towards 143.75 and 145.30 levels.
Stochastic current decline below 80 level might force the price to form some temporary sideways fluctuation until gathering new positive momentum followed by repeating the attempts to record additional targets.
The expected trading range for today is between 142.65 and 143.80
The expected trend for today: Bullish
Forex and Currency News
Forex
Sterling sharpens decline to five-month nadir after weak data
2024-04-19 11:40AM UTC
Sterling tumbled in European trade against a basket of major rivals, sharpening losses for the ...
Forex
Euro approaches week high amid positive outlook
2024-04-18 08:30AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 19-04-2024
2024-04-19 10:43AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades with clear positivity to ...
Forex
The EURUSD price forecast update - 19-04-2024
2024-04-19 10:43AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price finds solid support at the ...
Forex
The NZDCAD surrenders to the resistance line stability – Forecast today – 19-4-2024
2024-04-19 08:21AM UTC
NZDCAD Pair Analysis Expected Scenario The NZDCAD pair has confirmed its submission to ...