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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 | 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.
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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...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 19 14 05:09 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 18 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...
 
GBP/JPY Weekly Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 16 14 09:31 GMT
GBP/JPY's fall from 175.36 extended last week after brief recovery and reached as low as 171.14. Initial bias is on the downside this week for 169.53 support. 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 15 14 07:12 GMT
The consolidation from 170.69 temporary low is still in progress and intraday bias remains neutral. We'd continue to expect upside to be limited by 172.60 resistance and bring fall resumption. Current development suggests medium term topping at 175.36. Below 170.69 will turn bias to the downside for 169.53 key support level to confirm this bearish case. However, above 172.60 resistance will suggest that the pull back from 175.36 has completed and will turn bias back to the upside.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 14 14 07:28 GMT
Intraday bias in GBP/JPY is neutral for the moment and consolidation from 170.69 might extend. But upside should be limited by 172.60 resistance and bring another decline. Current development suggests medium term topping at 175.36. Below 170.69 will turn bias to the downside for 169.53 key support level to confirm this bearish case. However, above 172.60 resistance will suggest that the pull back from 175.36 has completed and will turn bias back to the upside.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 13 14 04:21 GMT
Intraday bias in GBP/JPY is neutral for the moment and consolidation from 170.69 might extend. But upside should be limited by 172.60 resistance and bring another decline. Current development suggests medium term topping at 175.36. Below 170.69 will turn bias to the downside for 169.53 key support level to confirm this bearish case. However, above 172.60 resistance will suggest that the pull back from 175.36 has completed and will turn bias back to the upside.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Aug 12 14 06:13 GMT
As noted before, the current development suggests medium term topping at 175.36. With 172.60 resistance intact, deeper decline is expected in GBP/JPY for 169.53 key support level. Break will confirm this bearish case. However, above 172.60 resistance will suggest that the pull back from 175.36 has completed and will turn bias back to the upside.
Read more...
 
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