GBP/JPY prints three-day uptrend as buyers keep the reins around one-week top. Convergence of 21-day EMA, fortnight-old descending trend line challenges short-term bulls. 200-day EMA appears...
The formation of an ascending triangle chart pattern indicates a volatility contraction. The advancing 50-EMA indicates that the upside bias in the short term is still...
The Pound dips 0.5% on the day after failing to confirm above 161.90 on Feb. resistance. The pair has broken the near-term upward trendline and is...
GBP/JPY is approaching 161.00 as BOJ sees a continuation of easy monetary policy. The BOJ Governor sees rising labor demand ahead and a shift in wage-setting...
GBP/JPY loses more than 4%, on worst day in months. Next medium-term support at 158.00. Japanse Yen soars across the board after the Bank of Japan’s...
GBP/JPY plummets to two-month low on BOJ’s inaction. Downside break of the key support line, 100-DMA joins bearish MACD signals to favor sellers. Daily closing below...
GBP/JPY fades bounce off two-week low as it approaches key support. The 100-DMA, the five-week-old ascending support line, restricts short-term downside. Bearish MACD signals, clear break...
GBP/JPY has reversed after dropping marginally below 168.50, following the footprints of the GBP/USD major. Higher UK average earnings could be a double-edged sword for the...
The GBP/JPY hurdled the 100, 50, and 20-day EMAs on Monday and gained 170 pips. GBP/JPY Price Analysis: Short term, the pair might pull back before...
GBP/JPY pokes a short-term key support line amid downbeat oscillators. Clear break of two-month-old support line becomes necessary for the bears to keep reins. Monthly resistance...