Analysis of GBPJPY Pair Movement The GBPJPY pair activated the correctional bearish attack recently due to the frequent stability below the additional barrier 192.40, to notice forming strong decline and settling near the first target at 190.15. We notice stochastic approach to 20 level to increase the negative pressures by providing the negative momentum, allowing us to keep the negative...

GBPUSD Price Analysis The GBPUSD price retested the broken neckline of the double top pattern and bounced bearishly from there, to keep the negative effect of this pattern active, waiting for more decline in the upcoming sessions, noting that our targets begin by breaking 1.2580$ to open the way to head towards 1.2480$. The EMA50 supports the suggested bearish wave,...

GBPUSD Price Analysis Expected Scenario: Bearish Trend The GBPUSD price provided clear negative trades, approaching the awaited target at $1.2580. It returns to fluctuate around the $1.2620 level, awaiting negative momentum to resume. This would push the price to surpass the mentioned target and rally towards $1.2480 as the next target. The EMA50 continues to support the suggested bearish wave....

GBPUSD Price Analysis Bearish Scenario The GBPUSD price opens todays trading with calm decline. Hinting heading to resume the correctional bearish trend for the upcoming period. Gradually approaches our first waited target at 1.2580$. Breaking this level will push the price towards 1.2480$ as a next target. The bearish trend depends on the completion of the double top pattern. Supported...