The pound sterling achieved the idea of the bullish tendency shown during the last analysis, heading towards our first target that needs to be touched at 160.80 to record its highest price of 160.83. On the technical side today, the bullish trend is still valid and active, with the pair’s …
Read More »GBP consolidates its gains 27/5/2022
Oil, Crude, trading
Read More »GBP/JPY: starts positive 26/5/2022
Positive trading dominated the movements of the pound sterling against its Japanese counterpart within the expected bullish context during the previous analysis, touching the awaited target at 160.60, recording its highest level during today’s morning trading session at 160.83. Technically and carefully looking at the 4-hour chart, we notice that …
Read More »GBP looking for confirmation 26/5/2022
Oil, Crude, trading
Read More »GBP/JPY: may witness a temporary rise 25/5/2022
GBP/.JPY was able to touch the targets that need to be achieved during the previous analysis, at 158.70, surpassing the target and recording its lowest level at 158.00. On the technical side, today, and with careful consideration on the 60-minute chart, the limited positivity signs started appearing on the momentum …
Read More »GBP is waiting for a signal 25/5/2022
Oil, Crude, trading
Read More »GBP/USD plummets to sub-1.2500 levels
Oil, Crude, trading
Read More »GBP/JPY: is getting negative signals 24/5/2022
Mixed trading continues to dominate the pound’s movements against its Japanese counterpart, with the opening of this week’s trading failing to stabilize for a long time above the 161.00 level. On the technical side, we are inclined in our trading to the negative, relying on the clear negative signs on …
Read More »GBP is waiting for confirmation 24/5/2022
Oil, Crude, trading
Read More »GBP/JPY: awaits clearer signal 20/5/2022
Divergent movements dominated the trading of the British pound against its Japanese counterpart, to fail to achieve the scenario of retesting the resistance published during the previous analysis, and as we explained during the last analysis that the decline below 158.50 will immediately stop the expected bullish trend and put …
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