GBP/JPY Trading Analysis Update Wednesday, February 19, 2025 The UK annual inflation data report (CPI y/y) which jumped more than expected, does not seem to make the outlook for the Pound Sterling currency strengthen against the Japanese Yen...
Update Wednesday – February 19, 2025 Good night forum friends that I miss every day. Hopefully everyone is still in good health. How was your trading last night? Hopefully it can still generate profit because the movement in several forex pairs is...
Technical analysis of the GBPJPY pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a strong support area where the price receives support from the weekly pivot level and the blue channel midline. During...
Forex Trading Strategies for Different Market Conditions Forex trading is highly dynamic, with market conditions constantly shifting based on economic data, global events, and trader sentiment. Successful traders recognize that different strategies...
I have analyzed the daily chart and observed that the pair has been moving sideways recently. I notice that today’s price action is also confined within this sideways range, indicating a lack of strong directional momentum at the moment. I am...
