Tag Archives: GBP

GBP/USD has retreated from the daily high around 1.3733, and advanced by 0.20% during the New York session, trading at 1.3688.The British pound could not hold to the 1.3700 level, broke the latter in a counter-trend move, which in 4-hours witnessed a 60 pip drop.Market sentiment has driven trading decisions …

The British pound managed to touch the first bullish target published during the previous analysis at the price of 155.00, approaching the next stop by a few points difference at 155.45, recording a high of 155.30. On the technical side, we tend to the positivity in our trading, relying on …

U.K. disposable incomes are set for their biggest drop in a decade next year as rising inflation, tax hikes and tighter monetary and fiscal policy put the squeeze on consumers, according to Credit Suisse.The bank predicts a 1.5% drop in real disposable incomes in 2022, the biggest fall since the …

GBP/JPY managed to achieve the expected positive outlook yesterday, touching the first target around 154.80, to record its highest level at 154.82. On the technical side today, the daily trend is still tilting to the upside due to the positive motive of the simple moving averages that continue to carry …

The British pound initially dipped slightly to open up the Asian portion of the trading session on Tuesday, but turned right back around to rally towards the ¥155 level.The British pound has initially pulled back just a bit against the Japanese yen during Asian trading, only to turn around and …

Positive trading dominated the pound’s movements against its Japanese counterpart during the previous trading session, heading towards touching the official target to be achieved at 154.40, recording its highest level at 154.50. Technically, with the pair still obtaining a positive stimulus from the 50-day moving average, in addition to the …

The US dollar has significantly surged during the course of the trading session on Monday to start the week and slice through the ¥112.50 level.The dollar ticked up to a 2-1/2-year high versus the yen on Monday after a soft U.S. payrolls figure did little to alter market expectations that …

GBP/JPY jumped within the expected bullish context, touching the official target station at 153.20, recording the highest level at 153.75. On the technical side today, we find the positivity continuing to dominate the stochastic, accompanied by the positive motive for the 50-day moving average, which holds the price from below. …

The British pound against the Japanese yen reversed the bearish trend as we expected, to return to stability again above the resistance level of 152.00, recording the highest price of 152.36 during the morning session of the current session. On the technical side today, and with the return of trading …

GBP/JPY failed to stabilize for a long time above the psychological barrier resistance of 152.00, to record the highest level of 152.16, whereby the current moves witnessed a bearish bias on the short time frames. Today’s technical outlook indicates the possibility of further decline due to the clear negative signs …