The GBPJPY needs to confirm the breach – Analysis – 13-9-2021
Economies.com
2021-09-13 04:29AM UTC
The GBPJPY pair recorded a new positive target in Friday trading by reaching 152.63, but its quick rebound below 152.05 barrier makes us wait for confirming the breach to ease the mission of resuming the bullish attack that might target 153.40 level in the current period.
Note that the continuation of providing negative closes below the current barrier will delay the bullish attack and forces it to form a new bearish correctional rebound to reach the moving average 55 at 151.35.
The expected trading range for today is between 151.80 and 152.80
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar under pressure ahead of Fed remarks
2024-05-20 11:53AM UTC
The dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
Forex
Euro trades at two-month highs amid positive outlook
2024-05-20 06:38AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains and ...
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 Technical Analysis
Forex
The GBPUSD forecast update 20-05-2024
2024-05-20 10:39AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price hovers near the 1.2700$ level ...
Forex
The EURUSD price forecast update - 20-05-2024
2024-05-20 10:38AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows negative trading now, in ...
Forex
The EURJPY jumps above the barrier – Forecast today – 20-5-2024
2024-05-20 05:45AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair was affected by frequent positive ...