The GBP/JPY pair exhibits signs of vulnerability as it navigates within a delicate balance of technical indicators and defined market boundaries. The pivot point at 190.79 serves as the central reference for the ongoing tug-of-war between buyers...
GBP/JPY is in a precarious technical state, with indicators pointing to potential downside risk despite its relative proximity to critical pivot and resistance levels. The pivot at 190.79 is instrumental in defining the immediate trajectory, as...
The daily improvement in the Greenback motivates Gold prices to give away part of the weekly strong advance and slip back to the vicinity of the $2,700 region per troy ounce at the end of the week.The short-term technical outlook for Gold price...
The technical analysis of GBP/JPY reveals a market in a state of heightened tension, with the pivot point at 190.79 serving as the linchpin for near-term directionality. Indicators such as the RSI and MACD provide complementary insights into market...
The GBP/JPY pair's technical structure suggests that bearish momentum could dominate in the short term unless significant changes occur in market conditions. The pivot point at 190.79 acts as a pivotal threshold, and the pair's inability to sustain...