“The lingering uncertainty favors further downside in the coming months as we have seen with other shocks of the past 5 years,” said Jeffrey Kleintop, chief global investment strategist at Charles Schwab & Co., Inc. Still, the stock sell-off …
While entering long seems tempting, we will tactically opt to stand aside. A strong correlation between GBPJPY and the S&P 500 stock index hints at a high sensitivity to sentiment trends. That makes a long trade vulnerable to the breakout …
GBP/JPY saw the steepest decline and slipped to a low of 152.234 ... early NY hours but picked up momentum thereafter as USD was firmer despite a crash in …
EUR/USD sat at 1.2525, up 0.17%. The pound was in the red against safe haven currencies. GBP/JPY was 149.46, down 0.11%, while GBP/CHF dropped 0.27% …
GBPJPY may be trading in late stages of sub-wave v) of five, which means a corrective reversal may follow in the near-term. That said the pair may see limited upside later today, or maybe tomorrow and unfold a minor three wave decline …
GBPJPY failed in its attempt to break below 146.93 support, and stayed in a trading range between 146.93 and 152.85. As long as 146.93 support holds, the price action in the range could be treated as consolidation of the uptrend from 135.59 …
is testing a batch of resistance we looked at . - Bulls have returned to GBP/JPY, but with a , will they be able to punch up to fresh highs? - Are you looking to improve your trading approach? Check out . And if you're looking for an introductory …
-GBPJPY SSI readings moved from +2.1 to +2.3 -Euro uncertainty could create volatile and illiquid conditions in EUR pairs -Breakout conditions are elevated for JPY pairs The DailyFX Plus Breakout2 strategy is one of the more popular …
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The buying pressure is rising so the bullish breakout is more likely to happen. GBPJPY had a rough day yesterday. From heaven to hell and back to heaven. The sentiment is again positive. We defended the 38,2% Fibonacci, we still have a …