14 May 2019 GBP/JPY Slips Back Inside Falling Wedge Pattern, Reinforcing Bearish Bias

The GBP/JPY was trading around 141.98 Tuesday after having declined half a percent thus far this week, although further losses could be just around the corner given technical signals coming from th…

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08 May 2019 Pound-Yen Entering Short-Term Downtrend

The technical setup on GBP/JPY has now turned bearish after the exchange rate broke convincingly below a key long-term support level in the 143.70s.

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29 April 2019 GBP/JPY: Range-Bound with a Bearish Tilt, but Wedge Pattern Keeps Bullish Hopes Alive

The GBP/JPY rate is currently trading in the 144.30 area, about half a Yen down from a week ago, and although the exchange rate remains range-bound on the technical front the charts are giving o…

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25 April 2019 JPY: Bank of Japan Turns More Dovish, but Yen Still Highly Dependent on Global Market Sentiment

The Yen has gone higher despite the Bank of Japan striking a decidedly more dovish tone on the outlook.

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24 April 2019 Pound-Yen Outlook: Watching for Break-Out from Wedge Pattern

We believe break above 149.00 would lead to a continuation higher to a target at 151.40 and the start of a bullish short-term trend.

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