GBPJPY making a bullish flag on Daily time frame

GBPJPY was up on Tuesday after testing the low level of 196.44 in the last trading session as the Japanese yen fell on Monday, trading close to a five-month low and raising the possibility of intervention by Japanese authorities. While the currency saw a modest recovery on Friday, supported by strong inflation data, the yen continued to struggle as uncertainty lingered about when the Bank of Japan would next raise interest rates.
Recent News
Gold regains momentum on rising safe-hav...
April 09, 2025
Market Insights
NASDAQ 100 Under Pressure Key Support Le...
May 19, 2025
Market Insights
Time for caution in Gold & Bitcoin as Gr...
November 04, 2024
Market Insights
Tech Index Eyes Breakout Bullish Flag Fo...
March 10, 2025
Market Insights
Head & Shoulder pattern alert on Gold: t...
April 25, 2025
Market Insights
Dow Jones Forms Bearish Flag Eyes Suppor...
March 04, 2025
Market Insights