Tag: GBPJPY

• GBPJPY reversed from resistance level 167.40 • Likely to fall to support level 165.3. GBPJPY currency pair recently reversed down from the strong resistance level 167.40 (which is the upper boundary of the sideways price range inside which the pair has been moving from April). The resistance area near the resistance level 167.40 was […]

• GBPJPY reversed from support level 156.00 • Likely to rise to resistance level 168.00 GBPJPY currency pair recently reversed up from the key support level 156.00 (lower boundary of the sideways price range inside which the pair has been trading from April). The upward reversal from the support level 156.00 started the active medium-term […]

• GBPJPY rising in line with the weekly uptrend • Likely to test resistance level 162.50 GBPJPY continues to rise after the price reversed up from the round support level 150.00 (which reversed the pair multiple times in 2021), standing close to the 38.2% Fibonacci correction of the upward trend from the start of 2020. […]

• GBPJPY reversed from support area • Likely to rise to resistance level 163.00 GBPJPY currency pair recently reversed up from the support area located between the major support level 160.25 (which has been reversing the pair from the middle of June), 61.8% Fibonacci correction of the upward impulse from May and the lower daily […]

 • GBPJPY reversed from powerful support zone • Likely to rise to resistance level 163.65s GBPJPY currency pair earlier today reversed up with two daily Hammers from the powerful support zone surrounding the multi-month support level  support level 160.80 (which has stopped all downward corrections from June) intersecting with the lower daily Bollinger Band. The […]

• GBPJPY reversed from support area • Likely to rise to resistance level 163.65 GBPJPY currency pair recently reversed up from the support area lying between the key support level 160.50 (which has been reversing the price from the middle of June), lower daily Bollinger Band and the 61.8% Fibonacci correction of the sharp upward […]

• GBPJPY reversed from support level 160.50 • Likely to rise to resistance level 166.00 GBPJPY currency pair recently reversed up with the daily Hammer from the key support level 160.50 (which has been continually reversing the price from the middle of June). The support zone near the support level 160.50 was strengthened by the […]

• GBPJPY reversed from support level 160.50• Likely to rise to resistance level 164.00 GBPJPY currency pair recently reversed up from the key support level 160.50 (which stopped the previous wave (2) in the middle of June). The support level 160.50 was further strengthened by the nearby lower daily Bollinger Band and the support trendline […]

• GBPCAD reversed from support zone• Likely to rise to resistance level 164.65 GBPJPY currency pair recently reversed up strongly from the support level 159.60 (low of wave (a) from last month), standing near the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from March. The upward reversal from this […]

• GBPJPY broke resistance level 164.35• Likely to rise to resistance level 168.00 GBPJPY is under the bullish pressure after the price broke above the key resistance level 164.35 (which stopped wave 3 at the end of March). The breakout of the resistance level 164.35 accelerated the active impulse waves 5 and (C). GBPJPY can […]