30 Jan 2019 Brexit Vote Results Disappoint GBP Bulls. GBP was hit hard across the board last night, after a vital vote on the 'Cooper' amendment failed to Interactive historical chart showing the daily British Pound - Japanese Yen ( GBPJPY) exchange rate back to 1991. Economies.com provides the latest technical analysis and a forecast of the GBP/ JPY (British Pound Sterling/Yen). The GBP/JPY has staged an impressive rally off its 2019 low at 131.95 which it hit on the January 2. Ahead of the Brexit vote, it has now reached the pivotal technical area between 139.35 and 140.00. This range was the last support prior to the latest breakdown. Once support, this region could turn into resistance going forward. Get the latest market information on the GBP/JPY pair, including the live Pound - Yen rate on the real-time chart and GBP/JPY forecast, news and analysis. Gbpjpy has been in a sell out mode and is planning on dropping a couple more pips further. I see this pair having no problem going down to it’s weekly support @ the 127.800. We have a nice head and shoulders formation on the 30min timeframe a nice 4 hour shooter star will validate for a strong push to the downside let’s clash! 5. 3. Attempts by new UK Prime Minister Boris Johnson to reframe the Brexit negotiations appear to be falling on deaf ears in Brussels. GBPJPY: Retail trader data shows 74.1% of traders are net-long
30 Jan 2019 Brexit Vote Results Disappoint GBP Bulls. GBP was hit hard across the board last night, after a vital vote on the 'Cooper' amendment failed to
Brexit. The Brexit decision of 2016 also had far-reaching implications. Although the repercussions were felt for less time than the crunch of 2008, volatility was still substantial. In June 2016, the GBP/JPY traded from a high of 160.66 to a low of 133.31. However, the all-time records for this currency pair weren’t at either of these periods. Trade set up - Enter only on a daily close above key horizontal resistance at 149.31, targeting longer-term price resistance around 155.00. Stops to cover on a daily close below 147.19. Why we like this trade – Monday’s daily bearish engulfing candle confirms strong resistance and a willingness to fade moves into the 149 – 150 area, so tactically waiting for the price to close through The British pound initially tried to rally after a slew of rate cuts around the world, but then sold off yet again as the market crashed into the crucial ¥130 level. At this point, it looks as if GBP/JPY initially road the Brexit headlines to a one-month high, but some trade pessimism from Beijing put a damper on the overall risk appetite of the markets. GBPJPY climbed to its highest point in over a year yesterday, despite Brexit negotiations not going in the best possible way. The pair has been in recovery mode since October 2016, but its chart is looking quite heavy, not because we expect Brexit to eventually take its toll on Britain’s economy, which is also very likely, but because there is an Elliott Wave pattern that spells trouble over
20 Oct 2019 With the United Kingdom's (UK) special Parliament session throwing a wild card to the British Pound (GBP) optimists, GBP/JPY begins the
Economies.com provides the latest technical analysis and a forecast of the GBP/ JPY (British Pound Sterling/Yen). The GBP/JPY has staged an impressive rally off its 2019 low at 131.95 which it hit on the January 2. Ahead of the Brexit vote, it has now reached the pivotal technical area between 139.35 and 140.00. This range was the last support prior to the latest breakdown. Once support, this region could turn into resistance going forward. Get the latest market information on the GBP/JPY pair, including the live Pound - Yen rate on the real-time chart and GBP/JPY forecast, news and analysis. Gbpjpy has been in a sell out mode and is planning on dropping a couple more pips further. I see this pair having no problem going down to it’s weekly support @ the 127.800. We have a nice head and shoulders formation on the 30min timeframe a nice 4 hour shooter star will validate for a strong push to the downside let’s clash! 5. 3. Attempts by new UK Prime Minister Boris Johnson to reframe the Brexit negotiations appear to be falling on deaf ears in Brussels. GBPJPY: Retail trader data shows 74.1% of traders are net-long No-deal, hard Brexit planning has accelerated over the past 24-hours as a deal between the EU and the UK appears to be slipping away. The British Pound is the worst performing G10 currency on the
22 Dec 2019 The Pound to Yen exchange rate (GBP/JPY) edged higher last week despite Prime Minister Boris Johnson's exacerbation of no-deal Brexit
18 Oct 2019 GBP/JPY: On the day the Brexit vote went though, the biggest mover of the day was GBP/JPY which, at one point, traded close to -20% lower for The pound slid more than 1% against the dollar yesterday on fresh fears of a no- deal Brexit and then fell further this morning to $1.2946. But it's now bounced
No-deal, hard Brexit planning has accelerated over the past 24-hours as a deal between the EU and the UK appears to be slipping away. The British Pound is the worst performing G10 currency on the
Brexit. The Brexit decision of 2016 also had far-reaching implications. Although the repercussions were felt for less time than the crunch of 2008, volatility was still substantial. In June 2016, the GBP/JPY traded from a high of 160.66 to a low of 133.31. However, the all-time records for this currency pair weren’t at either of these periods. Trade set up - Enter only on a daily close above key horizontal resistance at 149.31, targeting longer-term price resistance around 155.00. Stops to cover on a daily close below 147.19. Why we like this trade – Monday’s daily bearish engulfing candle confirms strong resistance and a willingness to fade moves into the 149 – 150 area, so tactically waiting for the price to close through The British pound initially tried to rally after a slew of rate cuts around the world, but then sold off yet again as the market crashed into the crucial ¥130 level. At this point, it looks as if GBP/JPY initially road the Brexit headlines to a one-month high, but some trade pessimism from Beijing put a damper on the overall risk appetite of the markets. GBPJPY climbed to its highest point in over a year yesterday, despite Brexit negotiations not going in the best possible way. The pair has been in recovery mode since October 2016, but its chart is looking quite heavy, not because we expect Brexit to eventually take its toll on Britain’s economy, which is also very likely, but because there is an Elliott Wave pattern that spells trouble over GBP/JPY on watch as focus turns to parliament Brexit vote. Fawad Razaqzada October 17, 2019 6:09 PM Share: The pound initially gained further ground when news emerged that the UK government and EU had secured a Brexit deal. But in a classic case of “buy the rumour, sell the news,” sterling sold off from its highs quite rapidly.