Crosses Technical Analysis

GBP/JPY

The Pound declined against the Yen after reaching the strong resistance around the 229.20s, the pair needs some momentum to reach the next target at 227.95s then if breached the 229.50s level , the general trend is to the upside, and the point at 226.50 seems to offer good demand for the pair.

EUR/JPY

The Euro also dropped against the Yen as the pair couldn't breach the resistance level at 163.62, yet the general trend remains well to the upside, and targets are set at the 163.65 then 166.35, and the point at 161.83 seems to offer good demand for the pair.

EUR/GBP

The Euro gained slightly against the Pound to continue the pair's upside general trend, the next target is set at the 0.7186, yet the pair lacks some momentum to reach the upside targets, and the point at 0.7123 seems to offer good demand for the pair.