Tag Archives: GBP

The British pound against its Japanese counterpart was able to touch the first official target required to be achieved during the previous analysis, 152.00, recording the lowest of 151.99. On the technical side, today, we prefer to maintain our short positions, relying on the negativity of the stochastic indicator, which …

Oil, Crude, trading

Negative trading dominates the movements of the pound against the Japanese yen, with the opening of the current trading session, recording its lowest level at 152.30. On the technical side, we are inclined to the negativity today, relying on the negative pressure of the simple moving averages, which is accompanied …

Oil, Crude, trading

The Sterling Pound (GBP) is declining against the U.S. Dollar (USD) on Thursday, with the greenback fluctuating against major currencies but mostly maintaining the positive territory. Meanwhile, the British Pound has declined to its level in roughly two weeks after data showed that the United Kingdom’s economy grew faster than …

Negative trading dominates the movements of the pound against the Japanese yen, and the pair still finds it difficult to surpass the rise to the resistance level of 153.00/153.10. On the technical side today, and with a closer look on the chart, we find Stochastic is giving negative signals. From …

Oil, Crude, trading

GBP/JPY managed to achieve remarkable gains during the previous trading session, reaching a high of 153.25. On the technical side today, and by looking at charts, we find Stochastic continues to provide positive signals, accompanied by the positive motive coming from the 50-day moving average. From here, and with stability …

Oil, Crude, trading

GBP/USD was struggling a little after the UK’s mixed retail sales figures and was trading close to daily lows, around 1.3700. GBP/USD was fairly unwavering after UK data, showing that Core Retail Sales rose 0.5% in June compared to 0.4% expected and -1.3% previously. On a yearly basis, UK retail …