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Tag: GBPJPY

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...

GBP/JPY Bulls Eye 195.4 If Support Holds

GBPJPY Forecast J.J. Edwards -
FxNews—The GBP/JPY pair trades bearish, below the key moving averages, 50- and 100-period SMAs. The pullback from the 193.0...

GBPJPY Poised to Recover Amid Rising UK Inflation

GBPJPY Forecast J.J. Edwards -
The yield on the UK's 10-year government bonds has dropped below 4.4%, hitting its lowest level in nearly a...

GBPJPY Dips as Ueda Hints at Rising Interest Rates

GBPJPY Forecast J.J. Edwards -
Governor Kazuo Ueda of the Bank of Japan announced that the central bank will closely watch the yen's exchange...

Gains in FTSE 100 halted the GBPJPY Bearish Trend

GBPJPY Forecast J.J. Edwards -
The FTSE 100 index bounced back, trading above 8,100 points. This recovery mirrored gains in other European markets as...

Watch GBPJPY for a Potential Bounce at 195.4

GBPJPY Forecast J.J. Edwards -
FxNews—Late Friday night, the Japanese Yen began erasing some of its recent losses against the major currency pairs as...

GBPJPY Poised to Break 198 Amid Japanese Stock Dip

GBPJPY Forecast J.J. Edwards -
FxNews—The GBP/JPY currency pair has been moving sideways since November 8. It traded at approximately 198.0 in today's trading...

GBPJPY Stabilizes Above 100 SMA Amid Bullish Signs

GBPJPY Forecast J.J. Edwards -
FxNews—The GBP/JPY currency pair returned above the 100-period simple moving average, testing the bearish Fair Value Gap at 198.4,...

GBPJPY Eyes Rally Despite Slowdown in UK Growth

GBPJPY Forecast J.J. Edwards -
FxNews—In October 2024, the S&P Global UK Services PMI—which gauges the health of the UK's service sector—was slightly revised...

GBPJPY Eyes Upside as Japan’s Housing Data Disappoints

GBPJPY Forecast J.J. Edwards -
FxNews—In September 2024, Japan saw a minor 0.6% annual decrease in housing starts, a significant improvement compared to the...

GBPJPY Surges Above 198.3 Amid UK Economic Concerns

GBPJPY Forecast J.J. Edwards -
FxNews—In September 2024, consumer credit in the U.K. increased by £1.2 billion, marking the smallest rise in three months....

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