GBPJPY Outlook

Intraday bias in GBP/JPY remains neutral for consolidation above 147.95 temporary low. Upside of recovery should be limited by 151.19 resistance to bring another fall. Below 147.95 will target 146.96 ...
GBPJPY Outlook

GBP/JPY's fall from 156.59 extended to 147.95 last week but formed a temporary low there and recovered. Initial bias is neutral this week first. Upside of recovery should be limited by 151.19 resistan...
GBPJPY Outlook

With 151.19 minor resistance intact, deeper decline is expected for 146.96 support. Considering bearish divergence condition in daily MACD, firm break of 146.96 will be another sign of medium term tre...
GBPJPY Outlook

Intraday bias in GBP/JPY remains on the downside as fall from 156.59 is in progress for 146.96 support. Considering bearish divergence condition in daily MACD, firm break of 146.96 will be another sig...
GBPJPY Outlook

Decline from 156.59 extends today and intraday bias remains on the downside for 146.96 support. Considering bearish divergence condition in daily MACD, firm break of 146.96 will be another sign of med...
GBPJPY Outlook

At this point, intraday bias in GBP/JPY stays on the downside. The decline from 156.59 short term top should target 146.96 support. Considering bearish divergence condition in daily MACD, firm break o...
GBPJPY Outlook

Intraday bias in GBP/JPY remains on the downside for the moment. Current fall from 156.59 short term top should target 146.96 support. Considering bearish divergence condition in daily MACD, firm brea...
GBPJPY Outlook

GPB/JPY's sharp decline and break of 151.95 support last week indicates that a short term top is at least formed at 156.59. Initial bias stays on the downside this week for 146.96 support. Considering...
GBPJPY Outlook

GBP/JPY's decline resumed after brief consolidation and intraday bias is back on the downside for 150.18 support. . Considering bearish divergence condition in daily MACD, the near term trend could ha...
GBPJPY Outlook

Intraday bias in GBP/JPY remains neutral for consolidation above 151.19 temporary low. Considering bearish divergence condition in daily MACD, the near term trend could have reversed. Hence, deeper fa...
GBPJPY Outlook

GBP/JPY recovered after forming a temporary low at 151.19 and intraday bias is turned neutral first. Considering bearish divergence condition in daily MACD, the near term trend could have reversed. He...
GBPJPY Outlook

GBP/JPY's decline from 156.59 accelerates to as low as 151.19 so far. Brea of 151.95 support indicates short term topping. Intraday bias is back on the downside for 150.18 support first. Considering b...
GBPJPY Outlook

Intraday bias in GBP/JPY is neutral for the moment. But after all, the cross is supported well by the rising 55 day EMA. And there is no sign of reversal yet. Near term outlook will remain bullish as ...
GBPJPY Outlook

GBP/JPY was well supported by rising 55 day EMA. And recent rise resumed last week by hitting as high as 156.59. Near term outlook will remain bullish as long as 151.95 support holds. Next target will...
GBPJPY Outlook

GBP/JPY rises to as high as 156.59 so far. Break of 156.07 indicates larger up trend resumption. Intraday bias is turned back to the upside. Current rally would target 100% projection of 139.29 to 152...
GBPJPY Outlook

Intraday bias in GBP/JPY remains neutral at this point. For the moment, 156.07 is seen as a short term top. Hence, risk remains mildly on the downside for another another fall. Also, break of 151.95 w...
GBPJPY Outlook

GBP/JPY recovered strongly after hitting 151.95 and intraday bias is turned neutral first. But still, as 156.07 is seen as a short term top, another fall is expected ahead. Break of 151.95 will target...
GBPJPY Outlook

GBP/JPY's fall from 156.07 is still in progress and intraday bias remains on the downside for 150.18 support. As 156.07 is seen as a short term top. Break of 15018 will target 149.96 key support level...