Crosses Technical Analysis

GBP/JPY

The Pound inclined yesterday against the Yen to reach the first target at 227.90, yet could not hold above it and declined back, now the first target is still the same then the 229.20s level, as the pair's general trend remains well to the upside but it needs some momentum, the point at 226.96 seems to offer good demand for the pair.

EUR/JPY

The Euro declined against the Yen, as the pair still needs to gather some momentum in order to reach the next target at the 163.70s, the technical indicators show an upside potential for the pair to continue its upside general trend, and the point at 161.25 seems to offer good demand for the pair.

EUR/GBP

The Euro declined further against the Pound yesterday to continue the correctional move it started, but the general trend for the pair remains well to the upside, the technical indicators are showing an upside potential now as the next target is the 0.7130s level, and the point at 0.7090 seems to offer good demand for the pair.