The U.S. Dollar (USD) was little changed on the first session of the week against major currencies, leveling up for the third consecutive session with a modest rise. The greenback leveled up by about 0.03% against major currencies. Against the Euro (EUR), the USD lost 0.02%, with the EUR/USD pair …
Read More »GBP/JPY: Tends to be Negative
Sideways trading tends to be positive, confined from the downside, above the support level of 150.50 and below the resistance level of 151.50. On the technical side, today we tend to the negativity, but with caution, relying on the stability of trading below 151.50, accompanied by the negativity coming from …
Read More »The Pound Based on Support
Oil, Crude, trading
Read More »GBP/USD Sees Worst Daily Loss in Week
The British Pound (GBP) fell against the U.S. Dollar (USD) as the greenback rose across the board for the first time in five sessions. The Sterling registering its biggest loss to the USD since August 19. The GBP/USD pair declined by 0.47% to the level of 1.3699. The pair has …
Read More »GBP/JPY: Retests Resistance
Mixed trades dominated the movements of the pound sterling against the Japanese yen, nullifying the negative outlook in which we relied on the price stability below the resistance level of the psychological barrier 151.00; as a reminder, we indicated during the previous analysis that the pair’s attempts to breach the …
Read More »The British Pound Struggles to Hold Above Support
Oil, Crude, trading
Read More »GBP/JPY: Hits Resistance
The GBPJPY pair saw positive moves, reaching the resistance level of 151.00, a psychological barrier. On the technical side today, we ten to the negativity in our trading, relying on the stability of below 151.00, in addition to stochastic losing the bullish momentum gradually. Therefore, the bearish bias is likely …
Read More »The Cable Tends to the Downside
Oil, Crude, trading
Read More »GBP/JPY: Repeats Chances to Rise
Positive trading dominated the movements of the pound sterling against its Japanese counterpart within the expected bullish context, heading to touch the target of retesting the resistance published during the previous report located at 150.60 to record its highest level during the early trading of the current session 150.86. On …
Read More »The British Pound Trying to Break Through The Resistance
Oil, Crude, trading
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