Gbpjpyshort
GBPJPY ANALYSIS ON H4 CHART.Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 153.800.
The Japanese Retail Sales y/y data (Actual: 1.4%, Forecast: 2.9%, Previous: 1.9%) released earlier today indicated a slowdown in consumer spending.
The Japanese Unemployment Rate data (Forecast: TBA, Previous: 2.8%) will be released tomorrow at 0730 (GMT+8).
GBP/JPY’s next support zone is at 153.800 and the next resistance zone is at 156.000.
Look for short-term buying opportunities of GBP/JPY.
GBPJPY ANALYSIS ON H4 CHART.Overall, GBP/JPY is ranging across.
Currently, GBP/JPY is testing the resistance zone of 153.800 and thenext support zone is at 151.000.
If GBP/JPY bounces off the resistance zone of 153.800, look for short-term selling opportunities up until the FOMC announcement tomorrow at 0300 (GMT+8).
GBPJPY ANALYSIS ON H4 CHART.Overall, GBP/JPY is trending upwards. Recently, GBP/JPY broke the support zone of 156.000.
The UK CPI y/y data (Actual: 5.4%, Forecast: 5.2%, Previous: 5.1%) released yesterday indicated that prices in the UK hit the highest level since March 1992, a 30-year high level driven mainly by higher energy prices and supply chain disruptions.
During his testimony yesterday, Bank of England Governor Bailey highlighted that there are evidence of a second round of inflation effects.
Currently, GBP/JPY is trading towards the resistance zone of 156.000 and the next support zone is at 153.800.
Look for short-term selling opportunities of GBP/JPY if it bounces off the resistance zone of 156.000.
GBPJPY WEEKLY ANALYSIS 27-11-2021#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#GBPJPY weekly bias looks bearish. The seller’s price of interests are 152.76, 153.26, 153.64, 153.96
The possible targets are 151.20, 149.20
These analysis are based on the current market swing and we update our views based on the upcoming future swings
GBPJPY DAILY ANALYSIS 26-11-2021#forexsignal #freeforexsignals #dailyforexsignals
#GBPJPY Daily momentum is bearish. Sellers price of interest are 152.86,153.06
The possible targets are 151.60, 150.65
These analysis are based on current market swing and we update our views up on the upcoming future swing
GBPJPY DAILY ANALYSIS 25-11-2021#forexsignal #freeforexsignals #dailyforexsignals
#GBPJPY Daily momentum is bearish. Sellers price of interest are 154.040 154.140 154.310
The possible targets are 153.340 152.940
These analysis are based on current market swing and we update our views up on the upcoming future swing