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GBPJPY Forecast

GBPJPY consolidates at 192.2: Up By 1.2%

GBPJPY Forecast J.J. Edwards -
GBPJPY consolidates at 192.2, having gained 1.2% since January 13. If the immediate support at 191.8 holds, the uptick in momentum could extend to...

GBPJPY Downtrend Extends to 194.2 Amid Oversold Signals

GBPJPY Forecast J.J. Edwards -
The GBPJPY downtrend extends to 194.2 amid oversold signals. The Stochastic oscillator is below 20, meaning the Japanese Yen could be overpriced. A consolidation...

GBPJPY Rise Continues Above 196

GBPJPY Forecast J.J. Edwards -
The GBPJPY rise continues above 196, a support level backed by the 50% Fibonacci level. If 196.3 holds, the...

GBPJPY Remained Above 196: Stochastic Warns Overbough

GBPJPY Forecast J.J. Edwards -
GBPJPY remained above 196, the 61.8 Fibonacci support level. The primary trend is bullish, but Stochastic depicts 83.0, hinting...

GBPJPY is in a bull market above 195.9: What’s Next?

GBPJPY Forecast J.J. Edwards -
GBPJPY is in a bull market above 195.9, with immediate resistance at the 78.6% Fibonacci level, the 197.6 mark....

GBPJPY Support at 195.9 Could Spark Rally

GBPJPY Forecast J.J. Edwards -
GBP/JPY's sell-off eased near 195.9 support. If this support holds, the uptrend will likely resume. In this scenario, the...

GBPJPY Faces Dip Risking The 194.5 Support

GBPJPY Forecast J.J. Edwards -
GBP/JPY is in a bull market, but technical indicators signal a bearish divergence. A dip to 193.1 is possible...

GBPJPY Seeks Support at 192.4 to Sustain the Bullish Rally

GBPJPY Forecast J.J. Edwards -
FxNews—GBP/JPY became overbought after the price hit the 195.0 high. Consequently, the currency pair dips toward immediate support at...

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