GBPJPY Sellers in Control | Elliott Wave Forecast
Short term Elliott wave view in GBPJPY favors further downside due to the 5 swing sequence from Jan 26 high (144.84). We are calling the structure of the decline from… Read more »
Tag: GBPJPY
GBP/JPY Technical Analysis: Falling channel breakout
GBP/JPY is looking north, having confirmed a falling channel breakout with a convincing move above 142.50. 4-hour chart As seen in the line chart above, the pair has found acceptance… Read more »
GBP Technical Analysis Overview: GBPUSD, GBPJPY, EURGBP
GBP Analysis and Talking Points GBPUSD | Downside Break May See low 1.28s GBPJPY | Bearish Bias Has Eased, Key Fibo Holds EURGBP | Lack of Buying above 0.8800 See… Read more »
GBP Technical Analysis Overview: GBPUSD, GBPJPY, EURGBP
GBP Analysis and Talking Points GBPUSD | Beware of Exhaustion GBPJPY | Key Fibo May Come into Focus EURGBP | Topside Resistance to Keep Upside Limited See our Q1 FX… Read more »
GBPJPY tests 100 bar MA on intraday chart
Sellers leaning on the first look The GBPJPY has clawed higher off the lows and tests the 100 bar MA on the 5-minute chart (blue line). So far, sellers have… Read more »
GBPJPY looks to test last week’s lows
142.23 and 142.07 eyed The GBPJPY is following the GBPUSD lower. THe GBPUSD just reached a new session low at 1.2942. That tests the swing low target from Jan 23. … Read more »
The GBPJPY trend line stalls fall twice today
Rebounds back toward 200 hour MA The GBPJPY has been stepping down since a break above its 100 day MA on Friday failed (see top blue line in the chart… Read more »
Is GBP/JPY Set To Continue Trending North?
traded lower on Monday after it hit resistance near the 144.85 area on Friday. That said, the price structure continues to be of higher peaks and higher troughs above the… Read more »
GBP/JPY Holding Steady | DailyForex
Prior to the release of UK employment and wages data, the GBP/JPY is holding steady moving above the psychological top peak at 140.00, making the opportunity for upward correction stronger…. Read more »
Elliott Wave view in GBPJPY favors upside bias
Short term Elliott Wave view on GBPJPY suggests the rally to 140.43 ended wave (W). From there, pair did a pullback to 137.33 which ended wave (X). Since then, pair… Read more »