The British pound declined noticeably yesterday, within the scenario of retesting the support, as we expected, touching the official target station at 159.20, recording its lowest level at 157.90. Technically, and with careful consideration of the 4-hour chart, the pair found a strong support floor around 158.50, which forced it …
Read More »GBP in favor of the downtrend 19/5/2022
Oil, Crude, trading
Read More »GBP/JPY: getting negative signals 18/5/2022
Positive trading dominated the movements of the pound sterling against its Japanese counterpart, as we expected, touching the official price target during the previous analysis at 161.00, recording the highest level of 161.85. On the technical side today, despite the technical factors that increase the possibility of continuing the rise, …
Read More »GBP Sterling retest support 18/5/2022
Oil, Crude, trading
Read More »GBP/JPY: Building on Support 17/5/2022
Positive trading dominated the movements of the pound sterling against its Japanese counterpart during the first trading of this week as part of an attempt to compensate for the losses that the pair witnessed last week, recording its highest level of 159.70. On the technical side, today, the pair’s current …
Read More »GBP trying to recover 17/5/2022
Oil, Crude, trading
Read More »GBP/JPY: ends the temporary rise 16/5/2022
The British pound activated the temporary bullish scenario during the analysis issued last Friday, touching the required target at 159.10, and recording the highest level at 159.24. On the technical side, the overbought started appearing on the stochastic 4-hour time frame. The intraday stability was below 158.80 and in general, …
Read More »GBP is losing the temporary bullish momentum 16/5/2022
Oil, Crude, trading
Read More »GBP/JPY: trying to recover temporarily 13/5/2022
JPYGBP incurred heavy losses during the last session, surpassing the target that needs to be touched at 159.10, and recording its lowest level at 155.60. On the technical side today, the pair’s current movements are witnessing a limited bullish tendency due to the intraday pivot above 156.60, accompanied by the …
Read More »GBP is falling sharply against the US dollar 13/5/2022
Oil, Crude, trading
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