Oil, Crude, trading
Read More »GBP/JPY: Breaks Support
GBP/JPY started its daily trading with a bearish bias, after it failed to stabilize for a long time above the 151.00 level. On the technical side, we tend to the negativity today, relying on the stability of trading below the mentioned resistance at 151.00, accompanied by the RSI gaining bearish …
Read More »The Pound Sterling Confirms The Break
Oil, Crude, trading
Read More »GBP/JPY: Retest Resistance
Negative trading continues to dominate the movements of GBP/JPY, approaching by a few points to the first bearish target published in the previous analysis, at 150.70, recording the lowest price of 150.85. Technically, the intraday trading stability is above the 151.20 support level, accompanied by the attempts of the stochastic …
Read More »The Pound is Hovering Around Support
Oil, Crude, trading
Read More »CAD disappointed by poor employment data
GBP/CAD exchange rate was driven by movements in the Canadian Dollar linked to the rise of oil prices this morning, but CAD has since dell under pressure from disappointing employment data.The GBP/CAD pair has been traded at CAD 1.7475, unchanged from today’s opening level. The Canadian currency has obviously relinquished …
Read More »GBP/JPY: Continues its Gradual Decline
The negative pressure continues to dominate the movements of GBP/JPY within the expected bearish context, gradually approaching the first required target of 150.70 On the technical side, the negative pressure of the simple moving averages and the apparent negativity features on the stochastic indicator. Therefore, the bearish bias is preferred …
Read More »GBP is Looking For Direction
Oil, Crude, trading
Read More »GBP/JPY: Hits The Resistance Barrier
The British pound managed to touch the first target required at 152.80, then declined quickly towards 151.00. Technically, with the negative pressure of the simple moving averages and the apparent negativity features on the stochastic indicator. Therefore, the bearish bias is preferred today, provided that we confirm the breach of …
Read More »GBP is Waiting For Pending Orders
Oil, Crude, trading
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