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The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the GBP(5X) followed by the EUR(3X) and the USD(2X). The...
GBP/JPY Daily OutlookBreak of 152.93 suggests recent rally in GBP/JPY has resumed. Intraday bias is back on the upside. Recent medium term rise would now target 61.8% projection of 139.29 to 152.82...
Dollar remains generally strong today, but it's over powered by Sterling. The Pound is lifted by optimism that Brexit negotiation is finally close to completing the first phase. It's reported that the...
GBP/JPY Daily OutlookDaily Pivots: (S1) 150.62; (P) 151.21; (R1) 151.91; Intraday bias in GBP/JPY remains neutral at this point. As long as 146.96 support holds, near term outlook remains bullish....
Sterling fell versus the dollar earlier this week as Brexit talk between the UK and EU falter at the last minute. British Prime Minister Theresa May is on the race to break the deadlock on the issue...
GBP/JPY continues to fall inside the well-formed Down Channel chart pattern which was recently identified by Autochartist on the 15-minute charts. Autochartist rates the quality of this Down Channel...
GBP/JPY Daily OutlookDaily Pivots: (S1) 150.62; (P) 151.21; (R1) 151.91; GBP/JPY failed to sustain above 152.82 resistance and formed a temporary top at 152.93 and retreated. Intraday bias stays...
GBP/JPY climbed to its highest point in over a year yesterday, despite Brexit negotiations not going in the best possible way. The pair has been in recovery mode since October 2016, but its chart is...
GBP/JPY Daily OutlookDaily Pivots: (S1) 150.23; (P) 151.35; (R1) 152.16; GBP/JPY lost upside momentum after breaching 152.82 resistance. But with 150.57 minor support intact, further rise is in...
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the EUR(4X) with the GBP(4X). The weaker currencies are the...
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