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Elliott wave analysis of GBP/JPY for August 16, 2019
GBP/JPY remains locked below short-term important resistance at 129.31 which is the divider between a bottom likely being in place or more...
Posted On 16 Aug 2019
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Elliott wave analysis of GBP/JPY for July 26, 2019
GBP/JPY is fighting its way higher, but has not started to accelerate higher as we had wished for. This does not mean the risk has shifted...
Posted On 26 Jul 2019
Elliott wave analysis of GBP/JPY for July 5, 2019
We continue to look for a final dip closer to 134.50 to complete the wave 2 and set the stage for a new impulsive rally in the wave 3 that will...
Posted On 05 Jul 2019
Elliott wave analysis of GBP/JPY for July 1, 2019
GBP/JPY has cleared short-term important resistance at 137.33 indicating that wave 2 completed with the 135.35. Now wave 3 is in motion for a new...
Posted On 01 Jul 2019
Elliott wave analysis of GBP/JPY for June 24, 2019
After testing a low of 135.43 GBP/JPY has been testing short-term important resistance at 136.92 multiple times indicating a weakening decline...
Posted On 24 Jun 2019
Elliott wave analysis of GBP/JPY for June 5, 2019
The GBP/JPY pair has recovered from 136.63. Now it is testing important resistance at 137.48. If this resistance is broken too, then we see wave...
Posted On 05 Jun 2019
Elliott wave analysis of GBP/JPY for June 3, 2019
GBP/JPY keeps pushing lower towards the 70.7% corrective target seen at 135.94. We are looking for a low at this corrective target and the...
Posted On 03 Jun 2019
Elliott wave analysis of GBP/JPY for May 20, 2019
GBP/JPY dipped to a low of 139.53 and tested the 50% corrective target. We are looking for confirmation that the wave 2 has completed with the...
Posted On 20 May 2019
Elliott wave analysis of GBP/JPY for April 17, 2019
The uptrend from 131.55 remains firmly in place. We expect support at 145.90 at most. 145.50 will be able to protect the downside for the renewed...
Posted On 17 Apr 2019
Elliott wave analysis of GBP/JPY for April 10, 2019
We continue to look for a break above minor resistance at 145.77 and more importantly a break above resistance at 146.00 that confirms more...
Posted On 10 Apr 2019
Elliott wave analysis of GBP/JPY for March 14, 2019
GBP/JPY has rallied nicely and is currently testing resistance at 148.49. This resistance should ultimately be broken as GBP/JPY continues higher...
Posted On 14 Mar 2019
GBP/JPY analysis for March 01, 2019
GBP/JPY did the fake breakout of the resistance at 148.22, which resulted that sellers entered the market. According to the H1 time -frame, we...
Posted On 01 Mar 2019
Elliott wave analysis of GBP/JPY for February 25, 2019
After a dip to 143.78 GBP/JPY seems ready to challenge resistance at 144.92 and a break above here will pave the way for a continuation higher...
Posted On 25 Feb 2019
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Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
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