GBP/JPY aims at 2015 levels

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The GBP/JPY currency exchange rate recently broke the resistance of the August high level zone. In the meantime, it can be observed that since the start of October the rate has been trending higher.

Next target for the ongoing surge is the early 2015 high level at 190.00. If this round exchange rate mark is passed, the 192.00 and 194.00 could act as resistance, before the pair reaches the absolute 2015 high level at 195.85.

However, in the unlikely case that the Bank of Japan finally stops its ultra easy monetary policy the GBP/JPY could come down. In this case the 186.50/186.80 zone, the 50-day simple moving average, the 180.00 mark and the 200-day simple moving average are to be watched as potential support levels. Below all these levels, the 176.30/178.15 range is highly likely set to act as support.
Back to articles

Actual Topics

Tue, 12 Dec 2023 12:51:40 GMT

EUR/CHF remains in pattern

Since the last review in July, the EUR/CHF has continued to trade in a large scale channel down pattern. However, the rate was fluctuating up and down between 0.9680/0.9700 and 0.9400/0.9420. Most recently, at the start of December the pair approached the 0.9400/0.9420 range's support. A potential recovery of the Euro against the Swiss Franc could encounter resistance in the

Tue, 28 Nov 2023 11:45:09 GMT

USD/CAD remains in 2023 range

In general, the USD/CAD found support in the 2023 low level and started a surge. From August up to late October, the pair surged and shortly booked a new 2023 high level. However, the event was followed by a decline. Most recently, the pair passed below the combined support of the 1.3600 mark and the lower trend line of

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.