Pound-yen awaiting news from central banks
Much like cable, the pound has bounced back against the yen in recent days after relatively positive British data. However,
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The bullish trend is currently very strong on GBP/JPY. As long as the price remains above the support at , you could try to
Status : IN PROGRESS...
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All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase)
Status : LEVEL MAINTAINED
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We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the
Status : TARGET REACHED
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The strong short-term increase in GBP/JPY calls into question the currently slightly bearish basic trend. A trend reversal is
Status : LEVEL MAINTAINED
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All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase)
Status : INVALID
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The bearish trend is currently very strong for GBP/JPY. As long as the price remains below the resistance at 189.39 JPY, you
Status : TARGET REACHED
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All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase)
Status : LEVEL MAINTAINED
Simple chart
The bullish trend is currently very strong on GBP/JPY. As long as the price remains above the support at 189.95 JPY, you
Status : TARGET REACHED
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Pound-yen, daily
Despite the British economy also being in a technical recession, the overall fundamentals of pound-yen are somewhat unclear.
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today 3.1.2024 price will bearish to target
Chart + Price target(s)
There is no clear trend on GBP/JPY either on the basics or in the short term. Under these conditions, it is difficult to
Status : NEUTRAL
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