Crosses Technical Analysis

GBP/JPY

The Pound settled against the Yen that was due to low volume and was seen clearly yesterday and since today morning, though the general trend remains to the upside, the short term indicators are yet to show us the correction is fully over, and the point at 227.35 seems to offer good demand for the pair.

EUR/JPY

The Euro also settled against the Yen as low volume was the obvious seen thing since early this morning, the general trend for the pair remains to the upside, but the short term indicators are showing a downside potential, and the point at 162.34 seems to offer good demand for the pair.

EUR/GBP

The Euro gained against the Pound yesterday and continued its upside wave today morning to progress its upside general trend, yet the short term indicators are yet to show the full reversal to the upside, and the point at 0.7123 seems to offer good demand for the pair.