International Business Times

GBP/JPY Daily Technical Analysis

GBPJPY: Bullish, Broader Bias Remains Higher

With GBPJPY continuing to hold on to its broader upside, we look for it to strengthen further in the days ahead. This will leave it targeting the 157.00 level where a violation will aim at the 159.00 level and then the 163.05 level. Its daily RSI is bullish and pointing higher supporting this view. O the downside, in case of any pullback, the 150.

By Mohammed Isah | May 21, 2013 | FX Tech Strategy

GBPJPY: Strengthens, Pressure Builds On 147.00/50 Levels

With GBPJPY resuming its broader upside, further strength is likely. As long as it can trade and hold above the 144.79 level, our broader medium term bias remains higher. In such a case, the 147.00 level will be targeted where a violation will aim at the 147.50 level followed by the 148.00 level. Its daily RSI is bullish and pointing higher supporting this view.

By Mohammed Isah | Feb 05, 2013 | FX Tech Strategy

EU Morning Report - Greek payment and bank deal push EUR

The euro (EUR) is rising against most of its major counterparts, following the decision by eurozone’s Finance Ministers to approve Greece’s next bailout tranche.

By NikolasX | Dec 14, 2012 | Easy Forex

GBPJPY: Short Term Outlook Still Remains To The Upside

While GBPJPY may be hesitating or even vulnerable, it remains baised to upside short term. However, it will have to return above the 125.81 level, representing its Jun 21'2012 high and the 126.16 level to trigger its short term uptrend. As long as it holds above its rising trendline (red), this view remains intact.

By Mohammed Isah | Sep 10, 2012 | FX Tech Strategy

GBPJPY: Bullish, Pressure Builds On The 1.2581 Level

With continued corrective offensive pushing the cross above the 124.01 level the past week , the risk of further recovery is developing towards the 125.81 level, representing its Jun 21'2012 high. A decisive breach of here will call for more upside towards the 126.43 level with a loss of here creating scope for further upside risk towards the 127.08 level.

By Mohammed Isah | Aug 18, 2012 | FX Tech Strategy

GBPJPY: Broader Downtrend Remains Lower Despite Price Hesitation

Having continued to maintain its broader downside bias, further declines are likely to occur despite its current price hesitation. In such a case, support lies at the 119.57 level with a cut through there allowing for more declines towards the 118. 78 level, its Friday low. The cross requires a decisive break and hold below here to resume its weakness towards the 117.

By Mohammed Isah | Jun 11, 2012 | FX Tech Strategy

EU Morning Report- Aussie lower, eyes on Australian inflation

  The euro (EUR) weakened to 1.3176 retreating from a two-week high at 1.3227 against the US dollar at the start of the new week following the French first round of presidential vote showing Socialist candidate Francois Hollande ahead of President Nicolas Sarkozy.

By Easy-Forex | Apr 23, 2012 | Easy Forex

EU Morning Report- Aussie lower, eyes on Australian inflation

  The euro (EUR) weakened to 1.3176 retreating from a two-week high at 1.3227 against the US dollar at the start of the new week following the French first round of presidential vote showing Socialist candidate Francois Hollande ahead of President Nicolas Sarkozy.

By Easy-Forex | Apr 23, 2012 | Easy Forex

GBPJPY: Follows through Lower, Bears Target The 126.53 Level

With GBPJPY selling off and following through lower on the back of its Friday losses, the risk is for it to weaken further towards its key support located at the 126.53 level. Further down, support lies at the 125.45 level followed by the 124.50 level and then the 122.02 level, its Jan 25'2012 high.

By Mohammed Isah | Apr 17, 2012 | FX Tech Strategy

EU Morning Report - Greek elections raise concerns

The euro commenced the week with no significant changes from Friday’s close. The single currency reacted positively to comments by European Central Bank Governing Council member Nowotny, concerning the central banks exit strategy being under construction in order to be in place when the time comes.

By Markos Solomou | Mar 19, 2012 | Easy Forex

EU Morning Report - Greek elections raise concerns

The euro commenced the week with no significant changes from Friday’s close. The single currency reacted positively to comments by European Central Bank Governing Council member Nowotny, concerning the central banks exit strategy being under construction in order to be in place when the time comes.

By Markos Solomou | Mar 19, 2012 | Easy Forex

GBP/JPY: With a Break Below 122.16, 118.78 is Targeted

The GBP/JPY is consolidating in the short-term. The 1H chart shows short-term resistance at 122.60, and support at 121.34.

By Fan Yang CMT, Chief Technical Strategist | Sep 14, 2011 | IBTimes

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