Logo-color Logo-white

The GBPJPY pair reflects the exchange rate between the British Pound and the Japanese Yen, influenced by the economic conditions and monetary policies in the United Kingdom and Japan. The British Pound is affected by UK economic indicators, political events, and the Bank of England decisions. On the other hand, the Japanese Yen is impacted […]

The post Instrument of the Week (June 10—14): GBPJPY Insight appeared first on Action Forex.

previous

Sunset Market Commentary

next

Elliott Wave Analysis Expects Gold (XAUUSD) to Pullback a Bit More

Read More

05/03/2024

US Dollar Index Stuck Between 100 and 200-DMA Before Powell’s Speech

China wants to grow 5% this year, create around 12 mio jobs in the urban area and print a 3% inflation. Targets are ambitious – especially the inflation target – given that the base effect will not play in favour of growth this year and deflation is not an easy battle to win – especially […]
22/02/2024

CHFJPY Wave Analysis

CHFJPY reversed from support level 169.65 Likely to rise to resistance level 171.45 CHFJPY currency pair recently reversed up from the key support level 169.65 (lower boundary of the narrow sideways price range inside which the pair has been trading from the start of January). The support level 169.65 was strengthened by the lower daily […]
29/04/2024

EURJPY Elliott Wave Analysis: How to Ride the Bullish Wave

Hello traders. Welcome to this technical blog post where we will delve into the EURJPY currency pair. By the end of this post, you should have a clearer understanding of the path EURJPY Elliott wave analysis is following and how you can participate in the upcoming significant movement on this pair. So, please join me […]