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After breaking through the 15 and 34 Simple Moving Averages, the USDJPY could be gearing up for further upside. Bulls remain hungry and currently eyeing the critical resistance at 132.903. A solid breakout above this point may signal further upside in the medium term.
Pound bulls remain in the driving seat on the weekly charts with prices balancing above the 1.2300 level as of writing. The currency pairs short-term outlook may be influenced by not only the looming BoE interest rate decision today but US jobs repor on Friday.
The USDJPY remains under pressure as bears switch up the pressure. Prices are approaching support around 130.00 and could experience a breakdown if the dollar continues to weaken.
After breaking through the 15 and 34 Simple Moving Averages, the USDJPY could be gearing up for further upside. Bulls remain hungry and currently eyei...
Pound bulls remain in the driving seat on the weekly charts with prices balancing above the 1.2300 level as of writing. The currency pairs short-term ...
The USDJPY remains under pressure as bears switch up the pressure. Prices are approaching support around 130.00 and could experience a breakdown if th...