ActionForex.com
Oct 01 01:39 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 30 16 04:37 GMT
A temporary low is in place at 129.61 in GBP/JPY and more recovery could be seen. But overall, price actions from 128.66 is seen as a consolidation pattern, possibly a triangle. Upside should be limited below 138.81 resistance and bring down trend resumption
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 29 16 10:14 GMT
The break of 132.28 minor resistance suggests that a temporary low is formed at 129.61, ahead of 129.14 support. Intraday bias is turned to the upside for recovery. Overall, price actions from 128.66 is seen as a consolidation pattern, possibly a triangle. Upside should be limited below 138.81 resistance and bring down trend resumption eventually. Decisive break of 129.14 should resume the larger down trend to next projection level at 122.71.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 28 16 07:34 GMT
GBP/JPY recovered ahead of 129.14 support and with 4 hours MACD back above signal line, intraday bias is turned neutral first. We maintained the view that price actions from 128.66 are seen as a consolidation pattern. Decisive break of 129.14 should resume the larger down trend to next projection level at 122.71. On the upside, above 132.28 minor resistance will extend such consolidation with another rise. But upside should be limited below 138.81 and bring eventual downside breakout.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 27 16 05:02 GMT
Intraday bias in GBP/JPY stays mildly on the downside with focus on 129.14 support. We maintained the view that price actions from 128.66 are seen as a consolidation pattern. Decisive break of 129.14 should resume the larger down trend to next projection level at 122.71. On the upside, above 132.28 minor resistance will extend such consolidation with another rise. But upside should be limited below 138.81 and bring eventual downside breakout.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 26 16 10:26 GMT
GBP/JPY's fall resumed day with intraday bias back to the downside. We maintained the view that price actions from 128.66 are seen as a consolidation pattern. Decisive break of 129.14 should resume the larger down trend to next projection level at 122.71. On the upside, above 132.28 minor resistance will extend such consolidation with another rise. But upside should be limited below 138.81 and bring eventual downside breakout.
Read more...
 
GBP/JPY Weekly Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 24 16 09:59 GMT
GBP/JPY lost momentum ahead of 129.14 support and turned sideway last week. Initial bias remains neutral this week first. We maintained the view that price actions from 128.66 are seen as a consolidation pattern. In case of recovery, upside should be limited below 138.81. Eventual downside break out is expected. Decisive break of 128.66/129.14 support zone will resume larger down trend to next projection level at 122.71.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 22 16 08:23 GMT
Intraday bias in GBP/JPY remains neutral first and strong recovery cannot be ruled out. But recent price actions from 128.66 are seen as a consolidation pattern, possibly in form of triangle. Upside should be limited below 138.81 resistance. Eventual downside breakout is expected and below 130.83 will target 128.66 first. Decisive break there will resume larger down trend to next projection level at 122.71. Decisive break there will resume larger down trend to next projection level at 122.71.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 21 16 06:04 GMT
Intraday bias in GBP/JPY is turned neutral with today's recovery. Stronger recovery could be seen to 4 hours 55 EMA (now at 134.20). But recent price actions from 128.66 are seen as a consolidation pattern, possibly in form of triangle. Upside should be limited below 138.81 resistance. Eventual downside breakout is expected and below 130.83 will target 128.66 first. Decisive break there will resume larger down trend to next projection level at 122.71. Decisive break there will resume larger down trend to next projection level at 122.71
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 20 16 06:06 GMT
Intraday bias in GBP/JPY remains on the downside for 138.66/129.14 support zone. Decisive break there will resume larger down trend to next projection level at 122.71. On the upside, above 136.61 minor resistance will turn bias to the upside to extend the rise from 129.14 instead.
Read more...
 
GBP/JPY Weekly Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 17 16 05:29 GMT
GBP/JPY's fall from 138.81 extended lower last week and initial bias stays on the downside for 138.66/129.14 support zone this week. Decisive break there will resume larger down trend to next projection level at 122.71. On the upside, above 136.61 minor resistance will turn bias to the upside to extend the rise from 129.14 instead.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 110

Latest in Technical Outlook

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

Action Insight Newsletter
ActionForex.com © 2016 All rights reserved.