GBP/JPY Price Analysis: Retraces towards 156.00 as bulls take a breather before aiming towards 157.00

Malaysia News News

GBP/JPY Price Analysis: Retraces towards 156.00 as bulls take a breather before aiming towards 157.00
Malaysia Latest News,Malaysia Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

GBP/JPY Price Analysis: Retraces towards 156.00 as bulls take a breather before aiming towards 157.00 By christianborjon GBPJPY Crosses Technical Analysis

Russia/Ukraine news headlines dominate the trading session, safe-haven peers advance.GBP/JPY Daily Outlook: Neutral-upwards above 155.30, otherwise neutral.

Friday’s session keeps the week’s narrative unchanged. Geopolitical headlines courtesy of the Russia/Ukraine crisis dominate newswires, while central bank speaking and macroeconomic data took the backseat as tensions in eastern Europe arose. That affected the market sentiment, staying sour ahead of the weekend. In the FX space, safe-haven peers like the Japanese yen, theWeekly chart

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GBP/JPY pares intraday gains to weekly high, still well bid around 157.00 markGBP/JPY pares intraday gains to weekly high, still well bid around 157.00 markThe GBP/JPY cross retreated a few pips from the weekly high touched during the first half of the European and was last seen trading just below the 157
Read more »

NZD/JPY Price Analysis: Failure at the 50-DMA and 77.00 exacerbated the fall towards 76.80sNZD/JPY Price Analysis: Failure at the 50-DMA and 77.00 exacerbated the fall towards 76.80sThe NZD/JPY, one of the barometers of market mood in the FX space, drops 0.25% in the North American session among increasing tensions between Russia
Read more »

USD/JPY stays pressured towards 115.00 on softer yields, sour sentimentUSD/JPY stays pressured towards 115.00 on softer yields, sour sentimentUSD/JPY takes offers to refresh intraday low near 115.30 amid fragile risk profile as Tokyo opens for Thursday. The yen pair dropped the previous day
Read more »

EUR/USD Price Analysis: Consolidation plays out near critical resistanceEUR/USD Price Analysis: Consolidation plays out near critical resistanceThe New York session's analysis, EUR/USD Price Analysis: Bulls seek out territory through 1.14 the figure, eye 61.8% golden ratio, called out the poss
Read more »

EUR/JPY Price Analysis: Looks consolidative above the 200-day SMAEUR/JPY Price Analysis: Looks consolidative above the 200-day SMAEUR/JPY partially fades Thursday’s pullback and regains some composure on the back of mixed risk appetite trends. So far, price action around the cros
Read more »



Render Time: 2025-03-11 05:03:17