menu search

GBPJPY a big mover. Gets closer to 2022 high. USDJPY trades to new high too.

GBPJPY a big mover. Gets closer to 2022 high. USDJPY trades to new high too.
The GBPJPY is surging in trading today after the Bank of Japan kept rates and policy unchanged. Looking at the hourly chart, the price broke above a topside swing area near 167.96, and after breaking and then retesting the level, the price has stepped higher and higher and higher. The current price (as I type) is extending even higher to a new intraday high of 170.598. It would take a move below the 38.2/50% of the trend move higher today to worry the buyers in the short term (see yellow area in... Read More
Posted: Apr 28 2023, 14:18
Author Name: forexlive
Views: 102216

Search within

Pages Search Results: