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...
GBPJPY Outlook

GBP/JPY's fall from 148.09 resumed after brief consolidation and reaches as low as 142.44 so far. Now that 61.8% retracement of 135.58 to 148.09 at 140.35 is broken and there is no clear sign of botto...
GBPJPY Outlook

With 4 hours MACD crossed above signal line again, intraday bias is turned neutral again. As this point, we'll continue to look for bottoming signal around 61.8% retracement of 135.58 to 148.09 at 140...
GBPJPY Outlook

Intraday bias in GBP/JPY remains on the downside for 61.8% retracement of 135.58 to 148.09 at 140.35. At this point, we'd continue to look for bottoming around there and bring rebound. Break of 143.9...
GBPJPY Outlook

GBP/JPY's fall from 148.09 resumes today by taking out 141.43 and reaches as low as 140.19 so far. Intraday bias is back on the downside for 61.8% retracement of 135.58 to 148.09 at 140.35. We'll loo...
GBPJPY Outlook

GBP/JPY is still staying above 141.43 temporary low and intraday bias remains neutral first. On the downside, break of 141.43 will extend the decline from 148.09. In such case, intraday bias is turned...
GBPJPY Outlook

Intraday bias in GBP/JPY remains neutral for the moment. On the downside, break of 141.43 will extend the decline from 148.09. In such case, intraday bias is turned to the downside for 61.8% retraceme...
GBPJPY Outlook

GBP/JPY recovered last week but failed to sustain 4 hour 55 EMA and weakened again. Initial bias is neutral this week first. Break of 141.43 will extend the decline from 148.09. In such case, intraday...
GBPJPY Outlook

Break of 141.3.36 minor resistance suggests short term bottoming at 141.43, on bullish convergence condition in 4 hours MACD. And, the pull back from 148.09 could have completed too. Intraday bias is ...
GBPJPY Outlook

With 143.36 minor resistance intact, deeper decline could still be seen in GBP/JPY, for 61.8% retracement of 135.58 to 148.09 at 140.35. At this point, we'd still expect rebound from 122.36 to resume ...
GBPJPY Outlook

GBP/JPY is losing some downside momentum as seen in 4 hour MACD. But intraday bias stays on the downside with 143.36 minor resistance intact. Fall from 148.09 is expected to extend to 61.8% retracem...