GBP/JPY
GBP/JPY Price Forecast: Long-term moving averages continue to support the uptrend
GBP/JPY Price Forecast: Long-term moving averages continue to support the uptrend
GBP/JPY Price Forecast: Pound retreats below 214.00 as Japanese data supports Yen
GBP/JPY Price Forecast: Pound retreats below 214.00 as Japanese data supports Yen
GBP/JPY Price Forecasts: Pound picks up to 213.80 as US-Iran conflict escalates
GBP/JPY Price Forecasts: Pound picks up to 213.80 as US-Iran conflict escalates
British Pound remains firm against yen amid Strait of Hormuz concerns
The GBP/JPY cross attracted dip-buyers on Wednesday after pulling back modestly from the 214.65-214.70 region, which marked a fresh monthly high in the previous session. The currency pair maintained slight intraday gains during the early European session and traded around the 214.35-214.40 zone, up nearly 0.10% on the day.
GBP/JPY Price Forecast: Bulls test 214.50 resistance as upside momentum improves
GBP/JPY Price Forecast: Bulls test 214.50 resistance as upside momentum improves
GBPJPY Wave Analysis
GBPJPY currency pair recently reversed up from the support zone between the support level 211.00 (which has been reversing the price from the start of May), lower daily Bollinger Band and the support trendline of the daily up channel from February.
GBP/JPY Weekly Outlook
Range trading continued in GBP/JPY last week and outlook is unchanged. Corrective pattern from 216.58 is still extending.
British Pound recovers from over one-week low vs weaker JPY; GBP/JPY retakes 212.00
British Pound recovers from over one-week low vs weaker JPY; GBP/JPY retakes 212.00
GBP/JPY Price Forecast: Struggles below 212.00 as bears look to seize control
GBP/JPY Price Forecast: Struggles below 212.00 as bears look to seize control
GBP/JPY Price Forecasts: British Pound dives to 213.30 despite positive UK data
GBP/JPY Price Forecasts: British Pound dives to 213.30 despite positive UK data
GBP/JPY Price Forecast: Clears 50-day SMA, yet flatlines below 214.00
GBP/JPY Price Forecast: Clears 50-day SMA, yet flatlines below 214.00
GBP/JPY Price Forecast: Bulls defend 100-day SMA while momentum remains subdued
GBP/JPY Price Forecast: Bulls defend 100-day SMA while momentum remains subdued
