GBP/JPY Price Analysis: Plummets below 155.50 after losing more than 2.93% in the day
GBP/JPY plunged more than 450 pips or 2.93% on Friday, amidst risk-aversion, after PMIs reported by S&P Global showed that the EU and the UK could be
Read More »GBP/JPY Price Analysis: Tumbles below 164.00, approaches the H4 head-and-shoulders target
The GBP/JPY drops for the four consecutive trading session, down by 0.86% on Friday, after Wall Street finished the last trading day with losses betwe
Read More »GBP/JPY skids below 165.00 as BOJ warns intervention, UK Retail Sales eyed
The GBP/JPY pair has slipped below the critical support of 165.00 in the Asian session. The asset is declining strongly after surrendering the cushion
Read More »GBP/JPY Price Analysis: Takes offers inside weekly triangle after Japan Q2 GDP
GBP/JPY renews daily bottom near 161.60 after Japan’s Q2 GDP flashed softer than expected figures during the initial hour of Monday’s Asian session. E
Read More »GBP/JPY seesaws near two-week low under 161.00 as risk-aversion stalls amid quiet session
GBP/JPY bears struggle to keep reins amid a sluggish Tokyo open on Tuesday. In doing so, the cross-currency pair takes rounds to the fortnight as the
Read More »GBP/JPY Price Analysis: Approaches short-term key hurdles above 154.00
GBP/JPY remains on the front foot around 154.40, up 0.08% during the four-day winning streak to Wednesday’s Asian session. In doing so, the yen cross
Read More »GBP/JPY Price Analysis: Extends bounce off 78.6% Fibo towards 152.00
GBP/JPY justifies the previous day’s rebound from key Fibonacci retracement (Fibo.) support while refreshing the daily high to 151.65 during Wednesday
Read More »GBP/JPY dips back to low 154.00s, still nursing tentative recovery from earlier weekly lows
GBP/JPY held within a 154.00-155.00ish range on Friday, as the pair continued to nurse a recovery from its earlier weekly dip to sub-153.00 levels. Th
Read More »GBP/JPY slumps back to 154.00 level as risk-off flows, weak UK data hit sterling and lower yields, safe haven demand help yen
GBP/JPY fell sharply on Friday and heavy downside in the global equity market and commodity space weighed on more risk-sensitive currencies such as st
Read More »GBP/JPY Price Analysis: Bulls pressing against critical breakout territories
There is little to be said on the shorter-term time frames for GBP/JPY is the cross gyrates with no clear directional bias as the price rounds off the
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