Crosses Technical Analysis

GBP/JPY

The Pound is still not able to gain against the Yen, as the pair lacks momentum, the general trend for the pair remains well to the upside, and the first target is still the 227.90s, but the pair is yet to show solid upside movement, the point at 225.42 seems to offer good demand for the pair.

EUR/JPY

The Euro inclined against the Yen after gathering some momentum that took it to the upside in order to continue the pair's upside general trend, the targets remains intact at 163.70s then 164.65s, and the point at 162.11 seems to offer good demand for the pair.

EUR/GBP

Just like we expected the Euro inclined against the Pound, though a huge momentum supported the pair to breach the resistance levels up to the 0.7180s level, now the pair needs to consolidate in order to continue its upside general wave, and the point at 0.7144 seems to offer good demand for the pair.