GBP/JPY drops sharply to near 161.00 as Tokyo Inflation meets expectations
- ByFXStreet-
The GBP/JPY pair has slipped sharply to near 161.00 as the Statistics Bureau of Japan has reported a higher-than-anticipated Tokyo inflation report fo
Symbol | Exchange | Currency |
|---|
The GBP/JPY pair has slipped sharply to near 161.00 as the Statistics Bureau of Japan has reported a higher-than-anticipated Tokyo inflation report fo
GBP/JPY picks up bids to extend the latest rebound from the intraday low past 160.00 heading into Thursday’s London open. Even so, the cross-currency
The GBP/JPY pair sensed a decent buying interest after dropping to near the round-level resistance of 160.00. The cross is attempting to extend its re
The GBP/JPY is almost unchanged as the Asian session kicks in, though Wednesday’s session witnessed the cross falling to new weekly lows of 159.50. Ho
The GBPJPY currency pair is in the final part of a major triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ correction.
The GBP/JPY extended its gains for two straight days and climbed towards a wall of resistance, with the confluence of the 50 and 200-day Exponential M
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Sell | Buy | Buy | Sell | Buy |
| Technical Indicators | Neutral | Buy | Strong Buy | Strong Buy | Buy |
| Summary | Neutral | Buy | Strong Buy | Neutral | Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Engulfing Bullish | 1M | 3 | Oct 22 | ||
| Engulfing Bearish | 1D | 3 | Jan 24, 2023 | ||
| Doji Star Bearish | 1D | 6 | Jan 19, 2023 | ||
| Falling Three Methods | 1W | 8 | Nov 27, 2022 | ||
| Engulfing Bearish | 5H | 12 | Jan 25, 2023 02:00 | ||
Bank of England(BOE) | ||
| Current Rate | 3.50% | |
| Chairman | Andrew Bailey |
Bank of Japan(BOJ) | ||
| Current Rate | -0.10% | |
| Chairman | Haruhiko Kuroda |