Post Tagged with: "GBP/JPY Technical analysis"
GBP/JPY and the Non-Farm Payrolls
GBP/JPY completed a strong move up and stalled at the resistance line. At this new crossroad, the American Non-Farm Payrolls could help it make a decision. After breaking the 140 area, the Geppy moved quickly towards 143.60, which was the peak in the middle of February. Will it fall back down towards 140? or continue
GBP/JPY Breaking Higher
The British Pound got some great news, managed to climb. While GBP/USD stopped at a resistance line, GBP/JPY managed to break higher. Update on both pairs. British Nationwide HPI rose by 0.7%, significantly higher than the early expectations for a 0.2%. This important house prices index showed that the dip in house prices last month
GBP/JPY at Crossroads
GBP/JPY is in a collision course between an uptrend and a downtrend. As both the pound and the yen are losing to the dollar due to each country’s internal problems, the technicals will speak. GBP/JPY uptrends and downtrends. Click to enlarge: GBP/JPY was trading in an uptrend during February and it traded around 143.50 at
GBP/JPY in a Tight Spot
GBP/JPY made a big break downwards and is now hanging around a critical point. This volatile pair doesn’t stay too long in a narrow range. An update about the dragon. GBP/JPY fell on Thursday from 144 to 139 in a matter of hours. Most currency pairs don’t see a 500 pip movement in a short