GBPJPY Analysis – August 12 GBPJPY sellers are testing the market’s resolve by repeating a recent trick of the descending triangle pattern. The bulls ensured the market did not go down after a similar challenge was posed in the market. However, the inability of the price to progress beyond the 167.810 resistance level has given […]
GBPJPY Analysis- July 8 GBPJPY resumes the market trend in an upward direction from the 157.800 demand zone. GBPJPY market had been trending in an upward direction until February 24, 2021, when the bulls drove the price beyond the previous resistance level. After this breakout, prices began to struggle between two major levels in the […]
GBPJPY Analysis – June 17 GBPJPY contains sellers as the bullish price bumps upward in the market. The selling atmosphere has been contained lately because buyers have picked up momentum as the value is set to hit the 168.810 key zone in a few days. The sellers had previously declined the value of the GBPJPY […]
GBPJPY Analysis – June 10 GBPJPY indicates a price reversal close to the 168.710 resistance level. Market indicators show that there have been consistent buying opportunities for the GBPJPY price in recent times. The purchase traders had anticipated a price tendency beyond 168.710. However, the sellers are currently modifying the bullish tendency. There are presently […]
GBPJPY Analysis – June 3 GBPJPY price breaks away from the 161.880 resistance level as bulls regain strength. Buyers have stepped up their activity to boost price momentum and push the level higher above the level of significant resistance. Therefore, as long as more positions are placed for a bullish breakout, the bulls will continue […]
GBPJPY Analysis – April 29 GBPJPY intends to continue with the market’s impulsive swing. Following a price explosion caused by sellers on the GBPJPY price structure, this came as an outcome of the price swing low, with the bulls continuing to rally onward. As the bullish trend progressed, the price swung down straight to the […]
GBPJPY Analysis – April 15 GBPJPY buyers’ tension is likely to sink in the market. In the price structure, the buy dealers are widely dispersed. As the price continues to rise in the market, the bulls have successfully driven the price trend forward. However, because sellers attempt to integrate the sell trend into the market, […]
GBPJPY Price Analysis – February 11 GBPJPY price continues to slide following a rebound at the 153.030 support level. The market attained its bearish strength following a change in price trend following a reversal at the 158.240 price level, where pending orders were strong enough to cause a shift in price tendency. Having broken down […]
GBPJPY Price Analysis – February 25 GBPJPY experiences a successful breakout of a symmetrical triangle during this week of trading. There was a successful break of a descending triangle on the 4th of October the previous year. GBPJPY formed the descending triangle between May and October last year. The demand zone at 149.140 held the […]
