GBPJPY: consolidation still in progress

Overview It is passed a month and a half since the currency pair GBPJPY touched its maximum value of 175.36 (2014.07.03). Since that it is started a fall of the price that bounced on the […]

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Technical Analysis – GBPJPY still on an uptrend

Moving Averages: by looking at the simple Moving Averages we notice that the currency pair Pound/Yen is still on an uptrend momentum and both the SMA(50,0) and SMA(100,0) have been acting as support in all the retracements […]

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GBP/JPY – Forex News – Mark Carney to hike interest rates early

Overview The governor of the Bank of England, Mark Carney, has shocked the markets yesterday revealing that interest rates could actually rise and sooner than we expect. Before yesterday the data reported by the markets […]

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Forex Daily – GBPYJPY in a possible break out

Overview Over the last few months, GBP/JPY has been moving in a consolidation pattern that is increasingly becoming more narrow, with the eventuality of a possible breakout in either direction (up or down). After a weekly peak on 172.53, […]

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