The Pound fails to overcome the 100-hour SMA once again.
The 55- and 100-hour SMAs near 1.1920 likely to pressure the rate lower.
Gold's three-day surge against the Greenback was stopped by the 200- hour simple moving average on Monday.
The USD/JPY currency pair was unable to surpass a resistance cluster formed by the combination of the 100- and the 200- hour SMAs at 109.32 on Monday.
The 100-hour SMA could pressure the rate lower today.
A breakout of the 55- and 100-hour SMAs is likely to be followed by a surge up to 1.20.
The yellow metal has broken the previously drawn pattern.
The recent decline of the Greenback against the Japanese Yen is still being seen as a temporary junior move in the borders of a larger dominant ascending channel.
The yellow metal failed to pass the last resistance, which it faced on Thursday,
The decline of the US Dollar continued on Friday against the Japanese Yen. However,
The Pound continued to decline on Friday against the US Dollar, as the rate reached new low levels.
Even the 55-hour SMA was breached late on Thursday, the currency exchange rate had retreated back to the 1.1960 mark by the middle of the day.
The yellow metal faced the same resistance levels near the 1,315.00 mark. However,
A long awaited decline of the US Dollar against the Japanese Yen was occurring in the first half of Thursday's trading session.
GBP/USD was located near the senior channel early on Thursday with slight upside potential.
The common European currency has not still gathered the necessary momentum to breach the 55-hour SMA.
Gold faces strong resistance near 1,315.00 today.
USD/JPY was testing the weekly R1 early today; in case this level remains intact, the pair is likely should target the 109.40 area.
The common European currency fell to a new five-month low early on Wednesday, thus testing a short-term trend-line.
GBP/USD was located near the senior channel early on Wednesday.
On Monday the yellow mental move past the 38.20 % Fibonacci retracement level at 1316.6.
The 55-hour SMA should continue guiding the pair in this session.
On Monday the USD/JPY exchange rate was guided mainly by the 55-hour simple moving average.
The Pound remained stable against the Greenback on Tuesday morning; upward momentum is expected today.