Despite contradictory signals and short-term volatility, the charts are on balance bullish GBP/JPY in the week ahead.
November 12,2018
The Pound-Yen pair looks poised to extend higher towards targets in the 153.00-156.00 range as it breaks out of a bullish wedge pattern.
November 8,2018
USD/JPY is likely to remain trapped inside a rangebound market in the short-term as a host of factors, including moving averages, trendlines, 'month end' flows and option expiry levels limit the pair's freedom of movement.
October 30,2018
GBP/JPY has recovered marginally on Monday as a result of easing global risk aversion which weakens the Yen more than the Pound because it is a safe-haven.
October 29,2018
The U.S. midterm election in November could mark a turning-point for the Dollar if it results in a divided Congress, according to analysts at TD Securities.
October 26,2018
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