Sat, Feb 07, 2026 08:09 GMT
More
    HomeContributorsTechnical AnalysisGBP/JPY Upside Paused

    GBP/JPY Upside Paused

    MultiBank Exchange Group
    By MultiBank Exchange Group

    GBP/JPY reached new highs today, but wasn’t able to stay near the 142.88 today’s high and now is trading in the red. Could retest the upper median line of the minor descending pitchfork before will resume the upside movement. We’ll see how long the rebound will go because has reached and important resistance area.

    MultiBank Exchange Group
    MultiBank Exchange Grouphttp://www.mexgroup.com
    Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

    Latest Analysis

    Load more

    Learn Forex Trading

    ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

    Contact us: contact@actionforex.com

    © ActionForex.com © 2025 All rights reserved.