GBP/JPY Price Analysis: Bulls and bears butt heads front side of trend GBPJPY Technical Analysis
h in the market that could attract the bears. The following will illustrate both sides of the story. The price is bullish above trendline support and could move higher but could just as easily head lower on a break of the trendline support. GBP/JPY is on the front side of the trend but the price could break the support structure and thus flip the focus on the backside. Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
GBP/JPY Price Analysis: Bulls eye 175.00 while above 173.00GBP/JPY is well on its way towards the 175 area having climbed sharply in a continuation of the 2023 bullish trend. The following will illustrate pros
Consulte Mais informação »
Silver Price Analysis: Bears go head to head with bulls near trend line resistanceThe price of Silver has run into a key area of daily support that leaves the bias bullish for the near term. The following illustrates this along with
Consulte Mais informação »
WTI Price Analysis: Bulls and bears in a tight spot, breakout imminentWest Texas Intermediate crude has been edging down in light holiday trade with a focus now on the OPEC+ ministers meeting. Technically, the price is c
Consulte Mais informação »
NZD/USD Price Analysis: Bulls moving in for possible run towards trendline resistanceNZD/USD bears are lurking in a shallow correction of the daily bearish impulse as the following will illustrate in a top-down analysis starting on the
Consulte Mais informação »
GBP/USD Price Analysis: Bulls move in to take controlSterling rose against a weaker dollar on Tuesday as British inflation remains in focus. This has forced the price higher and placed the bulls back in
Consulte Mais informação »
USD/CAD Price Analysis: Bulls are grazing on the bearish correctionThe Canadian dollar edged higher against the US Dollar on Monday as a deal to temporarily suspend the US debt ceiling boosted investor sentiment. Tech
Consulte Mais informação »