Thursday, July 18, 2019
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GBP/JPY 03/08/18 | EconAlerts

Technical Analysis – GBP/JPY gains some ground

GBP/JPY gains some ground; remains below moving averages in the near-term. GBP/JPY is trading slightly higher over the past few hours after the rebound on the 145.00 psychological level. The price is trying to gain some ground; however, it is still developing below the 20- and 40-simple moving averages in the 4-hour chart. The Relative Strength Index (RSI)

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GBP/JPY 27/07/18 | EconAlerts

Technical Analysis – GBP/JPY outlook remains bearish

GBP/JPY in small upside retracement but the outlook remains bearish. GBP/JPY is trading slightly higher over the past few hours after the rebound on the 145.32 support level. The price is trying to pare some ground of the previous red sessions, however, it is still developing below the short-term moving averages in the 4-hour chart. The Relative Strength Index

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GBP/JPY 29/06/18 | EconAlerts

Technical Analysis – GBP/JPY rising near descending trend line

GBP/JPY recorded some gains below the falling trend line. GBP/JPY started the day in bullish territory and surpassed the 20-simple moving average (SMA) in the 4-hour chart. The pair has finally reversed to the upside in the near-term, however, it is still developing within a downtrend in the medium-term picture. Momentum indicators in the 4-hour

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GBP/JPY 22/06/2018 | EconAlerts

Technical Analysis – GBP/JPY moves towards descending trend line

GBP/JPY sees sharp buying interest in short-term; moves towards descending trend line. GBP/JPY surged to a new weekly high of 146.61 in today’s European session, jumping above the 146.20 key level. Also, the price surpassed the 40-simple moving average (SMA) in the 4-hour chart while the short-term technical indicators confirm the bullish structure. From the technical

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GBP/JPY 15/06/18 | EconAlerts

Technical Analysis – GBP/JPY retreats sharply

GBP/JPY retreats sharply; maintains short-term bearish bias. GBP/JPY plunged below the 38.2% Fibonacci retracement level of the down-leg from 153.80 to 143.20, around 147.25, which overlaps with the 40-simple moving average in the 4-hour chart. The aggressive bearish rally started during yesterday’s session and has shifted the near-term bias from positive to negative. Also,

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