- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- GBP/JPY Price Analysis: Extends pullback from seven-week-old resistance towards 165.00
GBP/JPY Price Analysis: Extends pullback from seven-week-old resistance towards 165.00
- GBP/JPY snaps three-day uptrend while reversing from six-week top.
- Overbought RSI facilitates pullback from short-term key hurdle.
- Bears need a 200-SMA break for conviction, buyers could aim for yearly high past 166.35.
GBP/JPY remains on the back foot around 165.30 as it stretches the day-start pullback from a short-term key hurdle during the initial European session on Thursday.
That said, the cross-currency pair’s U-turn from a horizontal area comprising tops marked since late July, around 166.25-35, takes clues from the RSI (14) pullback from the overbought territory. Even so, the higher low of the prices and the RSI line portrays the bullish case scenario.
Hence, the quote’s further downside targeting the 165.00 threshold appears more acceptable. Following that, the August 04 peak around 164.00 could lure the GBP/JPY bears.
It should, however, be noted that the pair buyers remain hopeful until witnessing a clear downside break of the 200-SMA, near 162.40 at the latest.
Meanwhile, recovery moves need to provide a successful upside break of 166.35 to please GBP/JPY bulls.
In that case, the highs marked on June 21 and 09, respectively near 167.85 and 168.75, should lure further upside momentum.
Overall, GBP/JPY remains bullish despite the latest pullback.
GBP/JPY: Four-hour chart
Trend: Limited downside expected
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
