Tag Archives: GBP

Oil, Crude, trading

The British Pound (GBP) resumed losses against a stronger U.S. Dollar (USD), with the latter rising on the back of a rebound by Treasury bond yields. In addition, the Sterling remains impacted by the uncertainty surrounding plans to reopen the U.K. despite concerns about the coronavirus Delta variant. Today, the …

Oil, Crude, trading

Negative trading dominated the movements of the pound against the Japanese yen within the expected bearish path during the previous analysis, touching the first target that is required to be achieved at 153.45, approaching by a few points from the second target 153.00, recording its lowest level at 153.10. Technically, …

Oil, Crude, trading

Oil, Crude, trading

Negative trading dominated the movements of the pound sterling against its Japanese counterpart, nullifying the positive outlook as we expected and touching the stop losses order, published in the previous analysis at 153.60. On the technical side, we are inclined to the negativity, relying on the pair’s success in breaking …

Oil, Crude, trading

Oil, Crude, trading

Mixed trading dominated the movements of the pound sterling against the Japanese yen within a limited bullish bias, benefiting from retesting the support level of 153.80. On the technical side, we tend to be positive but cautiously, relying on the positive crossover signs that started appearing on Stochastic. Therefore, the …