Tag Archives: GBP/JPY

(140,11) The GBP/JPY confirmed another session of consolidation remaining interior the inside day with 143.30 – 137,70 still the levels to follow in the coming hours.

(138,60) The GBP/JPY still confirmed a negative closing while however remaining interior Monday’s range forming a new inside day with143.30 – 137,70 the levels to follow in the coming hours.

(139,35) The GBP/JPY confirmed even a 138 undershooting last night before finding enough support for a decent rebound that already confirmed a retest of the 140,60 level.

(142,55) The GBP/JPY confirmed a negative closing on Friday forming even a negative day reversal. Only a daily closing tonight below 141,55 will however confirm lower levels suggesting a 140 undershooting.

(141,70) The GBP/JPY confirmed our target at 141,50 but the decline could not be over yet because the cross confirmed with the present decline a S_H_S formation and the neck line was at 143,50,

(144,20) The GBP/JPY confirmed a weak closing last night below the low of the previous session. However, only a daily closing below 143,89 will confirm lower levels suggesting the cross has formed a s/t top at 145,90!!

(145,20) The GBP/JPY confirmed a weak closing last night below the low of the previous session. However, only a daily closing below 145,00 will confirm the double top the cross is forming at 147,90!!

(146,35) The GBP/JPY confirmed on Friday a negative closing but it failed to confirm the previous’ day’s negative day reversal!!

(145,17) The GBP/JPY formed a negative day reversal but only a daily closing tonight below 145,20 will confirm a s/t top favouring lower levels.

(146,35) The GBP/JPY confirmed on Friday a further strong closing in the daily as well as in the weekly chart suggesting further upside potential.

(143,20) The GBP/JPY already formed a positive day reversal after a 142 undershooting postponing further weakness.