The GBP/JPY rate is to remain trapped within its 140-150 range after repeatedly failing to break above the 150 level in recent weeks.
Read more … →Despite contradictory signals and short-term volatility, the charts are on balance bullish GBP/JPY in the week ahead.
Read more … →The Pound-Yen pair looks poised to extend higher towards targets in the 153.00-156.00 range as it breaks out of a bullish wedge pattern.
Read more … →USD/JPY is likely to remain trapped inside a rangebound market in the short-term as a host of factors, including moving averages, trendlines, 'month end' flows and option expiry levels limit the paโฆ
Read more … →GBP/JPY has recovered marginally on Monday as a result of easing global risk aversion which weakens the Yen more than the Pound because it is a safe-haven.
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