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Tag: GBPJPY

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...

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...

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 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...

GBPJPY Overpriced Near Key 193.8 Resistance

GBPJPY Forecast J.J. Edwards -
FxNews—GBP/JPY resumed its uptrend trajectory after it shifted above the 75-period simple moving average. However, the buying pressure caused...

GBPJPY Bulls Eye 191.8 Resistance Break

GBPJPY Forecast J.J. Edwards -
FxNews—The GBP/JPY pair is testing the 50-period simple moving average at approximately 191.8 as resistance. Meanwhile, the Awesome Oscillator...

GBPJPY Up by %0.6 Amid Bearish Outlooks

GBPJPY Forecast J.J. Edwards -
FxNews—The GBP/JPY pair trades in a robust bear market. However, the downtrend eased after the prices declined to as...

Bearish GBPJPY Faces Bearish Gap at 191.9 Level

GBPJPY Forecast J.J. Edwards -
FxNews—The GBP/JPY prices dipped below the %50 Fibonacci retracement level, ignoring the oversold signals given by RSI 14 and...

GBPJPY Drops as Sellers Dismiss Oversold Warnings

GBPJPY Forecast J.J. Edwards -
FxNews—The GBP/JPY resumed its bearish trajectory below the %50 Fibonacci retracement level. The sellers have ignored the oversold signals...

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