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Studies of the charts suggest the pair may have reversed the longer-term downtrend in the short-term and could now be on course to go higher.
August 29,2019
GBP/JPY stalls and starts to reverse at major trendline and our studies suggest the possibility of a recovery higher conditional on break of said trend line.
August 21,2019
GBP/JPY is forecast to extend its established downtrend but a floor nearby at 2016 low could provide near-term relief.
August 13,2019
The Pound's downtrend against the Yen is still intact and because the trend trump's all other considerations the pair is biased to continue lower.
August 7,2019
The Pound-to-Yen rate was trading around 131.66 Tuesday after falling more than two percent so far this week and studies of the charts suggest the exchange rate will probably continue its downtrend in the coming days.
July 30,2019
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