The British Pound (GBP) rose on Monday against the U.S. Dollar (USD) recovering some of its recent losses last week. The GBP/USD pair gained 0.70% to reach 1.3722, in its biggest rise in a single session since July 9. The Sterling was able to snap a two-session losing streak, but …
Read More »GBP/JPY: Looking For Extra Momentum
Negative trading dominated the movements of the pound sterling against the Japanese yen at the end of last week’s trading, touching the first target at 149.10, recording the lowest of 149.16. On the technical side, there are positive crossover signs that started appearing on stochastic, in addition to stabilizing intraday …
Read More »The British Pound Settled Below Support
Oil, Crude, trading
Read More »GBP/JPY: Negative Pressure Remains
The British pound continues to decline against the Japanese yen, after failing to maintain its stability above 150.50, heading towards touching the bearish target published during the previous report at 149.50. On the technical side, we tend to the negative side, relying on the negative pressure coming from the simple …
Read More »Sterling Continues to Decline Against The Dollar
Oil, Crude, trading
Read More »GBP/USD Logs Worst Loss in Two Months Settles at Lowest Level in a Month
The British Pound (GBP) declined on Thursday for the fourth consecutive day, maintaining a negative performance against the U.S. Dollar (USD) since the beginning of the week. The GBP/USD lost 0.82%, its biggest daily loss since June 18, to reach 1.3641, its lowest level since July. Month-to-date the pair is …
Read More »GBP/JPY: Retests The Resistance
Negative trading dominated the movements of the pound sterling against the Japanese yen, to record its lowest level during yesterday’s session 150.35. On the technical side today, the current movements are witnessing a slight bullish slope due to the positive crossover signs that started appearing on the stochastic indicator. We …
Read More »The British Pound in a Downtrend
Oil, Crude, trading
Read More »GBP/JPY: Declined to Touch The Second Goal
The pound sterling against the Japanese yen remarkably declined to touch the second target during the previous trading session, at 151.30, recording its lowest level at 150.92. Technically, we are inclined to the intraday positivity, relying on temporary stability above 150.90, which is accompanied by the attempts of stochastic to …
Read More »Sterling Couldn’t Break Through
Oil, Crude, trading
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