GBP/JPY (4H): Bulls may be ready for another push higher
GBP/JPY has been trapped within a neutral structure since the sharp decline from 216.58 in late April. Although the pair failed to register a fresh higher high above the key resistance trendline at 215.32 last week, the bulls may get another chance after successfully defending support around the 50-EMA at 214.60 and the 23.6% Fibonacci.
XM Group
|
86 days ago
Momentum: The RSI remains firmly in bullish territory, while the stochastic oscillator is preparing for a positive crossover near oversold levels, supporting the current price recovery attempt.
Bullish scenario: If the latest rebound remains sustainable above 215.00, the pair could extend its advance toward the 215.32-215.60 region and then target the 216.25–216.45 barrier.
Risk: A drop below 214.60 could shit the bias back to the downside.
XM Group
4.3
415 ulasan
Type: Market Maker
Regulation: FSA (Seychelles), FSC (British Virgin Islands), CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), FSC (Mauritius), CMA (Kenya)
read more
Attention on JPY Crosses: Intervention Risk Back in Focus
The Japanese yen has given back much of its late-July and August gains as intervention risk returns to the foreground. This analysis covers USD/JPY, EUR/JPY, and GBP/JPY key levels, carry-trade exposure risks, and what the upcoming BOJ meeting could mean for yen positioning.
Born2trade
|
8 days ago
EUR/JPY, GBP/JPY, USD/JPY – “Golden” Recovery After Intervention. What’s Next?
The Japanese yen weakened again after intervention-driven moves, while EUR/JPY, GBP/JPY and USD/JPY resumed their upward momentum. We examine the fundamental backdrop, renewed short-JPY positioning and the key technical resistance zones that may determine whether yen weakness continues or intervention risk and profit-taking trigger another correction.
Born2trade
|
23 days ago
Bond Yields and Economic Data Drive Diverging Market Trends | 24th July, 2026
Markets showed mixed performance as rising US Treasury yields supported the US Dollar, pressuring the Euro and Australian Dollar despite hawkish ECB signals. Strong UK retail sales boosted Sterling, while WTI crude held its bullish outlook near $90 despite profit-taking. Investors now look to bond yields, central bank guidance, and economic data for the next market direction.
Moneta Markets
|
48 days ago
GBP/JPY(4H) points to renewed upside
GBP/JPY forms a double bottom near 218.00. Break below 218.80 targets 219.59. Risk: Drop below 218.10 may cause negative reversal.
XM Group
|
51 days ago
GBP/JPY Extends Higher as Yen Weakness Offsets UK Growth Risk
GBP/JPY enters July 6 with a bullish technical tone, supported mainly by yen weakness rather than broad sterling strength. The pair is holding near 216.46, close to the upper part of its rising 4H channel, after breaking above a major swing high.
Errante
|
66 days ago
JPY pairs remain in focus as traders watch key levels
In recent days, JPY pairs have been driven primarily by fears - or hopes - of BOJ intervention. Despite this, the yen remains one of the most undervalued currencies in the G-7, and recent comments from Japanese officials suggest increasing pressure on JPY sellers.
Born2trade
|
128 days ago
Markets Cautious Ahead of FOMC as Dollar Firms and Yen Pairs Weaken | 28th April 2026
Markets are cautious ahead of FOMC, with USD firm on geopolitical support. Gold stays weak, EUR/USD consolidates, and Yen pairs decline after BoJ signals. USD/CHF remains bullish. Overall, markets are range-bound, awaiting Fed guidance for the next move.
Moneta Markets
|
135 days ago
FX in Focus Ahead of US NFP: GBP/JPY, NZD/USD Under Pressure, EUR/USD Holds Ground | 3rd April, 2026
Markets await the US NFP, with FX mixed and volatility rising. GBP/JPY nears 211 with bearish reversal risks; USD/JPY trades below 160 amid BoJ intervention threats. Gold slips under $4,700; NZD/USD weakens on China data. EUR/USD steady near 1.1550. NFP will likely drive major moves in FX and metals.
Moneta Markets
|
160 days ago
