GBP/JPY has recovered nicely from the corrective low of 138.25 and is currently testing minor resistance neqar 139.87 and a break above here, will open
GBP/JPY has corrected to a low of 138.30 which is more than enough to set GBP/JPY up for the next push higher towards 139.84 and
GBP/JPY is currently consolidating before the next push higher towards minor resistance near 140.32 and a break above here will call for a continuation higher
GBP/JPY is now hovering just below minor resistance at 140.35 and this first target is expected to be tested before a temporary correction closer to
EUR/USD Analysis: The direction of the European currency exchange rate in the last six months is set by an upward trend. Its last section started
The failure to rally impulsive of the 137.52 low is of concern, but as long as the 137.52 low is able to protect the downside
GBP/JPY has corrected towards the 50% corrective target at 137.68 and we see a clear loss of downside momentum. It means that the pair may
EUR/USD Analysis: The main trend direction of the European currency since March is set by an upward wave. Its last section started on November 4.
GBP/JPY has finally rallied and broken resistance at 137.87 with behavior indicating that red wave iii now is in motion for a rally towards at
GBP/JPY broke nicely the mino resistance at 135.81 for run towards the short-term important resistance at 137.67. This resistance needs to be broken to confirm
After an uneventful overnight trading session, today we are expecting more clear shifts. Contrary to EUR/JPY, the trajectory of GBP/JPY is difficult to forecast. The
EUR/USD Analysis: The dominant rising wave of the pan-European currency since March 20 has been forming a correction phase (B) since the end of July.
We continue to look for short-term key-support at 136.26 to be able to protect the downside for a new impulsive rally higher towards 137.67 and
GBP/JPY dipped just below our target zone between 135.78 – 136.04 (the low was seen at 135.66) before GBP/JPY rallied strongly through minor resistance at