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GBPJPY Technical Analysis

GBPJPY Technical Analysis

The GBPJPY pair bounces near the lower bound of the channel and extends the rally into the 193.00 handle. What’s next?

GBP/JPY Price Analysis: A bearish engulfing pattern looms after diving below 192 00

The GBP/JPY retreats late on Wednesday during the North American session and is down 0.27% as the market sentiment shifts sour.

GBP/JPY Price Analysis: Buyers reclaimed 192 00 as morning star forms

The GBP/JPY climbed 0.29% late in the North American session after bouncing off daily lows reached earlier at around 191.35.

GBP/JPY Price Analysis: Retreats below 192 00 on soft UK PMIs, intervention threats

The Pound Sterling lost some ground against the Japanese Yen late in the North American session on Thursday, amid a risk-off impulse, following softer-than-expected UK Services PMI figures.

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