ActionForex.com
Sep 01 20:58 GMT

Sponsors

Forex Expos

Action Insight: GBPJPY Technical Outlook

Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.



GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 01 14 07:55 GMT
GBP/JPY's rebound from 170.42 continues today and reaches as high as 173.19 so far. Intraday bias remains on the upside for 174.21/175.36 resistance zone. Price actions from 175.36 could be developing into a sideway pattern. Thus, we'd be cautious on reversal from there to extend the pattern. On the downside, below 171.67 minor support will turn bias back to the downside for 169.53 key support instead.
Read more...
 
GBP/JPY Weekly Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 30 14 07:40 GMT
GBP/JPY's rebound from 170.42 extended higher last week and the development suggests that fall from 175.36 has completed at 170.42 already, ahead of 169.53 key support. The development argues that price actions form 175.36 are developing into a sideway consolidation pattern rather than reversing the trend. Initial bias is mildly on the upside this week for a test on 174.21/175.36 resistance zone. On the downside, below 171.67 minor support will turn bias back to the downside for 169.53 key support instead.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 29 14 05:53 GMT
With 171.60 minor support intact, further rise could still be seen. Recent development argues that price actions from 175.36 are developing into sideway consolidation only, rather than trend reversal. Rebound from 170.42 would extend to 174.21 resistance first. On the downside, though, below 171.60 minor support will turn bias back to the downside for 170.42 low instead.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 28 14 05:31 GMT
With 171.60 minor support intact, further rise could still be seen. Recent development argues that price actions from 175.36 are developing into sideway consolidation only, rather than trend reversal. Rebound from 170.42 would extend to 174.21 resistance first. On the downside, though, below 171.60 minor support will turn bias back to the downside for 170.42 low instead.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 27 14 05:18 GMT
With 171.60 minor support intact, further rise could still be seen. Recent development argues that price actions from 175.36 are developing into sideway consolidation only, rather than trend reversal. Rebound from 170.42 would extend to 174.21 resistance first. On the downside, though, below 171.60 minor support will turn bias back to the downside for 170.42 low instead.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 26 14 06:42 GMT
With 171.60 minor support intact, further rise could still be seen. Recent development argues that price actions from 175.36 are developing into sideway consolidation only, rather than trend reversal. Rebound from 170.42 would extend to 174.21 resistance first. On the downside, though, below 171.60 minor support will turn bias back to the downside for 170.42 low instead.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 25 14 05:18 GMT
The break of 172.57 resistance suggests that choppy decline from 175.36 has completed at 170.42 already. The development already argue that price actions from 175.36 are developing into sideway consolidation only, rather than trend reversal. Intraday bias is turned back to the upside for 174.21 resistance first. On the downside, though, below 171.60 minor support will turn bias back to the downside for 170.42 low instead.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 22 14 09:16 GMT
With 172.57 resistance intact, deeper decline is still expected in GBP/JPY for 169.53 key support level. Current development suggests medium term topping at 175.36 and sustained break of 169.53 will confirm this bearish case. Nonetheless, break of 172.57 resistance will indicate near term bottoming and turn bias back to the upside.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 21 14 07:10 GMT
With 172.57 resistance intact, deeper decline is still expected in GBP/JPY for 169.53 key support level. Current development suggests medium term topping at 175.36 and sustained break of 169.53 will confirm this bearish case. Nonetheless, break of 172.57 resistance will indicate near term bottoming and turn bias back to the upside.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 20 14 06:44 GMT
With 172.57 resistance intact, deeper decline is still expected in GBP/JPY for 169.53 key support level. Current development suggests medium term topping at 175.36 and sustained break of 169.53 will confirm this bearish case. Nonetheless, break of 172.57 resistance will indicate near term bottoming and turn bias back to the upside.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 53

Latest in Technical Outlook

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

Action Insight Newsletter
ActionForex.com © 2014 All rights reserved.