ActionForex.com
Sep 20 03:52 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 19 14 06:50 GMT
GBP/JPY rises to as high as 180.70 so far today and intraday bias remains on the upside. The medium term up trend is still in progress and should target next long term fibonacci level at 183.96. On the downside, below 178.47 minor support will turn bias neutral and bring retreat. But downside should be contained above 175.36 resistance turned support and bring rally resumption.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 18 14 08:15 GMT
GBP/JPY surged to as high as 177.67 so far and took out 175.36 key resistance decisively. The development confirmed resumption of larger up trend. Intraday bias remains on the upside and further rise should be seen to next long term fibonacci level at 183.96. On the downside, break of 174.65 is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 17 14 04:00 GMT
Intraday bias in GBP/JPY stays neutral first. With 172.77 minor support intact, further rally is still in favor. The correction pattern from 175.36 has completed at 169.34 already. And above 174.65 will target a test on 175.36 resistance first. On the downside, though, below 172.77 minor support will turn bias back to the downside for 169.34/53 again.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 16 14 07:49 GMT
A temporary top is in place at 174.65 and intraday bias is turned neutral first. With 172.77 minor support intact, further rally is still in favor. The correction pattern from 175.36 has completed at 169.34 already. And above 174.65 will target a test on 175.36 resistance first. On the downside, though, below 172.77 minor support will turn bias back to the downside for 169.34/53 again.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 15 14 08:52 GMT
Intraday bias in GBP/JPY remains on the upside for the moment. Prior break of 173.95 resistance suggests that the correction pattern from 175.36 has completed at 169.34 already. And, more importantly, 169.53 support was defended and thus the larger up trend stayed intact. Current rebound would target 175.36 first. On the downside, though, below 172.77 minor support will turn bias back to the downside for 169.34/53 again.
Read more...
 
GBP/JPY Weekly Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 13 14 10:59 GMT
Despite a brief dip to 169.34, GBP/JPY staged a strong and quick rebound from there. Subsequent break of 173.95 resistance suggests that the correction pattern from 175.36 has completed at 169.34 already. And, more importantly, 169.53 support was defended and thus the larger up trend stayed intact. Initial bias remains on the upside this week for 175.36 first. On the downside, though, below 172.77 minor support will turn bias back to the downside for 169.34/53 again.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 12 14 08:06 GMT
The break of 173.95 resistance confirmed that correction from 175.36 has completed at 169.34 already. And, 169.53 key support level was successfully defended. Intraday bias remain son the upside for a test on 175.36 high. On the downside, below 172.77 minor support will turn bias neutral first.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 11 14 09:12 GMT
Intraday bias in GBP/JPY remain son the upside for 173.95 resistance. Break will confirm completion of the correction pattern from 175.36 at 169.34, just defended 169.53 key support. In such case, stronger rally should be seen to retest 175.36 high. Though, below 171.67 will turn focus back to 169.34/53 instead.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 10 14 06:18 GMT
The breach of 171.67 minor resistance suggested that GBP/JPY has defended 169.53 key support successfully. Intraday bias is turned back to the upside or 173.95 resistance first. Break will target a test on 175.36 high. Meanwhile again, break of 169.53 will carry larger bearish implication and will extend the fall from 175.36.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 09 14 07:14 GMT
GBP/JPY failed to sustain below 169.53 key support level and recovered strongly. Intraday bias is turned neutral first. Sustained break of 169.53 will carry larger bearish implication and will target 161.8% projection of 175.36 to 170.42 from 173.95 at 165.95. Meanwhile, above 171.67 minor resistance will turn bias back to the upside for 173.95 resistance first.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 54

Latest in Technical Outlook

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

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