British Pound, GBP/USD, GBP/JPY, Symmetrical Triangle, IGCS – Talking Points: The British Pound’s recent weakness against its haven-associated counterparts may prove to be short-lived. GBP/USD poised to extend gains as… Read more »
British Pound, GBP/USD, GBP/JPY, Symmetrical Triangle, IGCS – Talking Points: The British Pound’s recent weakness against its haven-associated counterparts may prove to be short-lived. GBP/USD poised to extend gains as… Read more »
Bullish is currently at 150.44 in a range and just breaking the slope resistance from the down move. We are looking for a move to the ATR Target at 151.57… Read more »
Number of traders net-short has decreased by 31.24% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI GBP/JPY BEARISH 50.53% 49.47% 9.48%… Read more »
GBPJPY Buy Analysis British Pound/Japanese Yen FX:GBPJPY FisherKing A buy for GBPJPY after a double bottom formation which signifies a reversal. Read more here
British Pound, GBP/USD, GBP/NZD, GBP/JPY, EUR/GBP – Talking Points: GBP/USD eyeing a retest of the March highs. RSI development hints at further gains for GBP/JPY. Bull Flag pattern may lead… Read more »
Japanese Yen, AUD/JPY, GBP/JPY, USD/JPY, IGCS – Talking Points: Cycle analysis suggests the Japanese Yen may be at risk of extended losses against its major counterparts in the coming months…. Read more »
British Pound Technical Forecast: Mixed The British Pound has had a stellar start to 2021 against its major counterparts. However, fading momentum could signal a period of consolidation for GBP/JPY… Read more »
Rally from September 21, 2020 low in $GBPJPY is unfolding as a 5 waves impulse Elliott Wave structure. Up from September 21, 2020 low, wave (1) ended at 140.7 and… Read more »
Some bullish and bearish on the hourly chart The GBPJPY established the 151.13 to 151.33 area as a key swing area. At first it was home to swing highs back… Read more »