GBPJPY has formed a strong bullish rally since the morning, supported by stability within the bullish channel and the establishment of solid additional support at 212.75. The pair has surpassed the targets suggested in our previous report and remains stable…
The GBPJPY pair faced temporary selling pressure on Friday but maintained stability above the minor bullish channel support at 211.75, forming new bullish waves and settling above the 211.30 level, eventually reaching 212.30 to record further gains. The stochastic indicator…
The GBP/JPY pair has lost bullish momentum following the stochastic’s exit from overbought levels, delaying upward moves as the price stays below the key 211.30 level, which continues to act as a significant barrier to further bullish attempts. We anticipate…
The GBPJPY pair ended the previous bullish rally at 212.15 before pulling back to settle near 211.30, which acted as a strong barrier to further bullish attempts. The pair’s stability around key bullish levels and the formation of additional support…
The GBP/JPY pair successfully overcame negative pressure after testing the 210.50 level, gaining momentum as the stochastic indicator turned positive and pushing past the 211.30 barrier to record new gains, reaching 212.15. For further upside, the pair needs a positive…
**“There is no significant news for the GBPJPY pair at this time, as it remains stable below the 211.30 barrier. This has resulted in sideways, fluctuating price action, delaying the continuation of the bullish rally. There is a possibility of…
*GBP/JPY continues to exhibit weak sideways trading around 210.70, reflecting conflicting signals from key indicators. Sustained pressure below the 211.30 barrier maintains the bearish correction scenario, which could target 209.70 and potentially 209.10 support. A break and hold above 211.30…
The GBP/JPY pair is experiencing slow corrective movement, driven by mixed signals from the main technical indicators. Price action remains confined near the 210.65 level; however, continued stability below 211.30 strengthens the likelihood of a bearish corrective move. Accordingly, we…
The GBP/JPY pair continued to post bearish closes below the 211.30 level, confirming the dominance of the previously suggested corrective bearish bias. The pair declined toward 210.40, supported by the stochastic indicator exiting overbought territory. We maintain our near-term corrective…
**”The GBP/JPY pair remained largely sideways, held below the resistance at 208.80, which continues to limit the resumption of the bullish trend. The price may experience temporary corrective moves, but its stability within the bullish channel and the formation of…
The GBP/JPY pair ended its last bullish rally after encountering resistance at the upper boundary of the main bullish channel around 208.80, prompting corrective trading down toward 208.10 to consolidate recent gains. Despite the pullback, the pair’s stability above additional…
The GBP/JPY pair capitalized on positive factors, forming additional support at 206.90 and gaining bullish momentum from key indicators. This pushed the pair higher to 208.90 yesterday, achieving the initial extra target highlighted in the previous report, and triggering sideways…
“The GBPJPY pair successfully climbed above the key barrier at 206.90, signaling its readiness to resume the bullish move. It reached 207.90, approaching the initial target at 208.20. Bullish momentum is supported by key indicators, particularly the stochastic remaining stable…
“The GBPJPY pair renewed its bullish attempts, testing the resistance near 206.90 as it seeks a breakout to confirm continued upward momentum in the near- to medium-term, supported by stability within the bullish channel. Additional support is provided at 206.30,…
The GBPJPY pair confirmed the continuation of the bullish trend, forming multiple upward waves and settling above the 206.90 level, with additional gains reaching 207.35. Holding above the breached barrier, along with the stochastic indicator signaling renewed bullish momentum, supports…
The GBPJPY pair continued its anticipated bearish corrective movement, reaching extra support at 205.20 and settling just above it. The near-term scenario depends on the strength of this support, with potential bullish attempts targeting 206.35, followed by a test of…
“The GBPJPY pair failed to close above the key barrier at 206.95, prompting the formation of corrective waves that brought the price down near 205.75, as shown in the chart above. The stochastic indicator is attempting to exit oversold territory,…
**“GBP/JPY faced strong bullish momentum, pushing the pair above 206.00 and forming a new rally toward the barrier at 206.90, with potential to extend gains to 207.20. The Stochastic indicator is approaching overbought levels, which may fuel additional bullish momentum,…
*“The GBPJPY pair is influenced by continued contradictions among major indicators, delaying the anticipated bearish move. The pair is currently rallying toward 205.85, but this upside is unlikely to confirm a sustained bullish continuation as it remains below the 206.90…
Rephrased Version:“The GBPJPY pair concluded its recent bullish rally by reaching the target at 206.90, encountering strong resistance that limited further gains and prompted some sideways movement around the 2.00% Fibonacci extension level at 205.20, with attempts to stabilize near…
Rephrased Version: GBP/JPY experienced limited sideways movement in its latest intraday session, as it sought to establish a rising low that could serve as a base for gaining bullish momentum. Despite the appearance of negative signals on the relative strength…
**“The GBPJPY pair reached the initial extended target at 204.65, prompting sideways trading as it seeks to rebuild positive momentum. Support at 203.85 will be crucial for generating the extra bullish momentum needed to target further gains at 205.25 and…
The GBPJPY pair experienced mixed trading on Friday, influenced by the resistance at 203.95 and a stochastic indicator attempting to exit overbought territory. Support at 201.70 remains key; as long as price holds above this level, the bullish scenario stays…
The GBP/JPY pair has not achieved any new bullish targets since yesterday, as stochastic indicators attempt to move out of overbought territory, leading to sideways trading and keeping the pair fluctuating near the 203.10 level. It’s important to note that…
The GBP/JPY pair has maintained its positive momentum so far, supported by the formation of additional support at 202.40, allowing today’s trading to open on a positive note and stabilize near 203.10. Continued positive momentum from key indicators could strengthen…
The GBPJPY pair has been under strong bearish pressure, dropping below the 201.70 level and continuing its decline past the additional support at 200.45, eventually reaching the 199.05 mark, where it faced the 55-period moving average. The divergence between the…
The GBP/JPY pair has remained largely unchanged since yesterday, trading sideways around 202.30 due to conflicting signals from key indicators. Its stability above the main support at 200.45, along with the formation of additional support near 201.70, keeps the bullish…
Despite GBP/JPY showing some weakness on Friday, the pair managed to hold above the additional support at 201.70, aligning with our bullish expectations as it fluctuated near 202.55. The Stochastic indicator is attempting to rise above the 50 level, which…
The GBP/JPY pair leveraged its repeated support at 200.45 to trigger the previously suggested bullish move, successfully reaching the initial target at 203.25. The ongoing sideways movement is unlikely to undermine the bullish outlook as long as the support holds.…
The GBP/JPY pair approached the target near 200.45 in yesterday’s trading, establishing an important support level that could trigger a bullish rebound toward 202.10, signaling a potential resumption of the upward trend. Renewed bullish momentum is needed to secure a…
The GBP/JPY pair closed yesterday below the resistance level at 203.95, prompting the formation of bearish corrective waves and settling near 203.15. The stochastic indicator attempting to exit the overbought zone suggests a pause in the bullish rally, with potential…
The GBP/JPY pair is currently lacking positive momentum, resulting in sideways, fluctuating movement as it hovers near the key support level at 201.70. This support is critical for determining the near-term trend—its hold suggests a potential bullish push targeting 202.55,…
The GBP/JPY pair overcame stochastic bearish pressure by closing above the key support level at 201.70, advancing to settle near 202.55. Building additional positive momentum will be crucial to strengthen the potential for a robust bullish rally, with an initial…
The GBP/JPY pair overcame stochastic bearish signals by closing above the support level at 201.70, advancing to settle near 202.55 with positive momentum. Building on this momentum is crucial to strengthen the potential for a robust bullish rally targeting the…
“The GBP/JPY pair continues to face bearish pressure from the stochastic indicator, reducing the likelihood of a bullish breakout as it approaches the support level at 201.70. Today’s outlook hinges on the strength of this support. If it holds, we…
The GBPJPY pair showed no significant movement in yesterday’s session, as conflicting signals from key indicators led to sideways trading, with the price stabilizing near 202.70. It’s worth noting that holding above the key support at 201.70 remains a critical…
The GBP/JPY pair confirmed its capitulation to the bearish corrective trend by closing below the key 205.35 level, triggering the anticipated corrective move and reaching the 202.65 target outlined in the previous report. Ongoing contradictions in the main indicators suggest…
The GBP/JPY pair concluded its bullish rally after reaching the 205.35 level, which coincides with the 2.00% Fibonacci extension, creating a new resistance barrier. This has led to weak sideways movement, with the price stabilizing near 204.50. The stochastic indicator…
“The GBP/JPY pair concluded its bullish rally upon reaching the 205.35 level, where it encountered resistance at the 2.00% Fibonacci extension, creating a new barrier to further upward movement. This led to a period of weak sideways trading, with price…
