Crosses Technical Analysis

GBP/JPY

The Pound inclined against the Yen to reach the first target we talked about and now the next target is set to be at the 230.30s, the technical parameters are still showing an upside potential for the pair to continue its general trend, and the point at 228.24 seems to offer good demand for the pair.

EUR/JPY

The Euro also inclined against the Yen to reach the 164.10 target and now the next target is set to be at the 168.40s which is the long term target, the general trend remains well to the upside, while the technical parameters are still showing an upside potential, and the point at 163.57 seems to offer good demand for the pair.

EUR/GBP

The Euro declined against the Pound in a correctional move, as the pair inclined above the 0.7200s level yet retraced back below it, the general trend remains to the upside but the short term parameters are still showing a downside potential, and the point at 0.7144 seems to offer good demand for the pair.