Tag Archives: GBP

Positive trading dominated the movements of the pound sterling against the Japanese yen, nullifying the negative outlook, as we expected, touching the stop losses order at 151.20. On the technical side today, and with a closer look at the 60-minute chart, we find the 50-day moving average trying to push …

Negativity continues to dominate the pound sterling’s movements against its Japanese counterpart, hitting its lowest level at the end of last week’s trading around 149.20. On the technical side today, we are inclined to the negativity, relying on the negative signals coming from the stochastic indicator and the stability of …

Oil, Crude, trading

GBP/JPY is trading deep in the negative territory after successfully breaking the psychological support level of 150.00. It then started pressuring on the 149.50 level during the early trading of the current session. Technically speaking, today, we are biased negatively based on the apparent negativity features on the stochastic indicator …

Oil, Crude, trading

The British pound has reaped considerable gains on Thursday trading session. GBP/USD is currently trading at 1.3476, up 0.36%.The positive news was about the UK economy, as the final estimate for UK growth in Q3 was 5.5%, revised upwards from 4.8%. The United Kingdom’s GDP is now about 3.3% below …

GBP/USD has tumbled under 1.35, extending its rapid decline. The currency pair hast hit a low of 1.3473, a level last seen in January. The US dollar index continues to rise on Wednesday, for the fourth consecutive day. The dollar index was able to reach its levels during 2021 thanks …

GBP/JPY jumped within the expected positive outlook, touching the first target at 152.30, recording its highest level during the morning session of today’s session of 152.46. On the technical side today, with the pair getting a positive stimulus from the 50-day moving average, which is accompanied by positive signs on …

Oil, Crude, trading

Positive trades dominated the movements of GBP/JPY, benefiting from maintaining trading above the 151.10 support level. Technically, we notice the stability of the intraday movements above the support level of 151.10, as we find the stochastic indicator started sending positive crossover signals on the 4-hour time frame, in addition to …