GBPJPY Outlook

GBP/JPY is staying in range of 138.65/142.75 and intraday bias remains neutral. On the downside, break of 138.65 will resume the decline from 148.09. In that case, we'd look for bottoming signal arou...
GBPJPY Outlook

Intraday bias in GBP/JPY remains neutral for the moment. on the downside, break of 138.65 will resume the decline from 148.09. In that case, we'd look for bottoming signal around 135.58, which is clo...
GBPJPY Outlook

GBP/JPY continues to stay in range below 142.75 resistance and intraday bias remains neutral first. We'd still prefer to see break of 142.75 to confirm near term reversal. In that case, intraday bias ...
GBPJPY Outlook

Intraday bias in GBP/JPY remains neutral first. The break of near term falling channel suggests reversal but we're prefer to see break of 142.75 resistance to confirm. In that case, intraday bias will...
GBPJPY Outlook

GBP/JPY edged lower to 138.65 last week but rebounded since then. The break of near term falling channel suggests reversal but it's limited by 142.75 resistance so far. Initial bias remains neutral th...
GBPJPY Outlook

GBP/JPY's rebound from 138.65 extends higher to but and break of near term falling channel suggests reversal. Focus is back on 142.75 minor resistance. Break will confirm and turn bias to the upside f...
GBPJPY Outlook

Intraday bias in GBP/JPY remains neutral for consolidation above 138.65 temporary low. Near term outlook stays bearish with 142.75 resistance intact. Fall from 148.09 could still extend lower. In that...
GBPJPY Outlook

Intraday bias in GBP/JPY is turned neutral with the current recovery. But near term outlook stays bearish with 142.75 resistance intact. Fall from 148.09 could still extend lower. In that case, we'd l...
GBPJPY Outlook

GBP/JPY recovers mildly after hitting 138.65 but stays well below 142.75 resistance. Intraday bias remains on the downside for 135.58 support. As this level is close to 135.39 fibonacci level, we'd lo...
GBPJPY Outlook

GBP/JPY's fall continues today and reaches as low as 139.08 so far. Intraday bias stays on the downside for 135.58 support. As it's also close to 135.39 fibonacci level, we'd look for bottoming signal...
GBPJPY Outlook

Intraday bias in GBP/JPY remains on the downside for 125.58 support. We'd look for bottoming signal around there to bring rebound. Nonetheless, break of 142.75 resistance is needed to indicate complet...
GBPJPY Outlook

GBP/JPY's fall from 148.09 extended to as low as 139.52 last week and broke 61.8% retracement of 135.58 to 148.09 at 140.35. The cross is kept well below falling 4 hour 55 EMA and inside near term fa...