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gbpjpy

GBPJPY M15 | Bearish reversal

TitleGBPJPY M15 | Bearish reversalTypeBearish DropPreference:Price is currently at the pivot point of 188.06, an overlap resistance. A reversal from this point could lead the price to fall to 1st...

GBPJPY H4 | Bearish reversal

TitleGBPJPY H4 | Bearish reversalTypeBearish BreakoutPreference:The price could rise to the 1st resistance at 188.283 the multi-swing high resistance which is a double top pattern, before pulling back...

GBPJPY H4 | Bullish bounce

TitleGBPJPY H4 | Bullish bounceTypeBullish BouncePreference:The price is bouncing off the pivot point at 185.977, which is a pullback support that aligns closely with the 78.6% Fibonacci retracement...

GBP Sinks As Wages Drop

UK Wages FallGBP is falling today after the latest labour market data released this morning showed a firm drop in wage growth over the three months to November. Average earnings dropped to 6.5% from...

GBPJPY H4 | Bullish Bounce

TitleGBPJPY H4 | Bullish BounceTypeBullish BouncePreference:Waiting for price to pullback at the pivot 184.28 which is a pullback support level. A bounce off from this point could lead the price to...

Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price has just reversed off the pivot point of 184.063 which is a multi-swing-high resistance  level and could potentially drop lower from...

GBPJPY Breaking Out

  Yen Weakening on WednesdayGBPJPY is on the move today with the pair breaking out above the 184.40 level. JPY has weakened materially in recent days alongside an improvement in global risk appetite....

GBPJPY H4 | Bearish reversal

TitleGBPJPY H4 | Bearish reversalTypeBearish ReversalPreference:GBPJPY could rise to the pivot at 184.047, the swing-high resistance, before pulling back and falling to the 1st support at 181.86, the...

GBPJPY H4 | Bouncing off 23.6% Fibonacci Level

TitleGBPJPY H4 | Bouncing off 23.6% Fibonacci LevelTypeBullish BouncePreference:GBPJPY is bouncing off the pivot at 179.821, the pullback support that also aligns with the 23.6% Fibonacci retracement...