News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bullish
Wall Street
Bearish
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • France reports 41,622 new virus cases over last 24 hours - BBG
  • Early this morning, the Japanese Yen (JPY) appreciated significantly against the US Dollar as stimulus hopes faded once more. Get your $USDJPY market update from @WVenketas here:https://t.co/yWvINmgpjQ https://t.co/PzMePkKSho
  • EU threatens to place tariffs on Chinese aluminum converter foil - BBG
  • US 5-Year Tips Draw -1.320% Primary Dealers Awarded: 16.7% Indirect Bidders Accepted: 62.8% Direct Bidders Accepted: 20.5% B/C Ratio: 2.66
  • Heads Up:🇺🇸 Fed Barkin Speech due at 17:10 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-10-22
  • Russia's Putin says ready to cut oil production further if needed -BBG $CL_F $USO #OOTT
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.63%, while traders in EUR/USD are at opposite extremes with 72.35%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/VR7wc7iuzY
  • The Nasdaq 100 is sitting on a familiar level of support via the neckline of the head-and-shoulders pattern triggered not too long ago. Get your #Nasdaq technical analysis from @PaulRobinsonFX here:https://t.co/0cW8LcwqsF https://t.co/1ttMOOKIgf
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.78% Gold: -1.17% Silver: -1.82% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/2gBYSAKFGg
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.27% 🇨🇦CAD: 0.03% 🇦🇺AUD: -0.15% 🇯🇵JPY: -0.26% 🇪🇺EUR: -0.32% 🇬🇧GBP: -0.50% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/uA8LbRVDYj
British Pound Turns Higher versus the Japanese Yen

British Pound Turns Higher versus the Japanese Yen

2015-07-16 14:30:00
David Rodriguez, Head of Product
Share:
British Pound Turns Higher versus the Japanese Yen

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

GBPJPY Choppy price action in the GBP/JPY has led to similarly choppy moves in retail FX sentiment, but a recent shift towards crowd selling suggests the Sterling may continue higher versus the Yen. Targets are now at recent spike-highs starting near ¥195 and extending through major peaks closer to ¥196.

See next currency section: EURUSD - Euro Forecast to Hit Further Lows on Major Sentiment Shift

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at http://www.twitter.com/DRodriguezFX

Facebook at http://www.Facebook.com/DRodriguezFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES