Tag Archives: GBP

On the other hand, we find the 50-day moving average that continues to pressure the price from above, accompanied by the clear negative signs on stochastic. Therefore, the bearish bias is the most preferred during the day, as long as trading remains below 1797 represented by 50.0% Fibonacci correction, targeting …

Oil, Crude, trading

Positive movements dominated the movements of the pound against the Japanese yen within the expected bullish context, touching the second official target to be achieved at 154.40, to record its highest level at 154.47. On the technical side today, the bullish bias is still valid, with the stability of trading …

Oil, Crude, trading

The Pound against the Japanese Yen found a good support level near 151.50, which forced the pair to rebound upwards to retest the 153.65 resistance level. On the technical side, we tend to be positive, but with caution, relying on the stability of the intraday trading above 153.00, accompanied by …

Oil, Crude, trading

The British Pound (GBP) rose on Monday against a retreating U.S. Dollar, after declining for four consecutive sessions. Recent losses by the GBP/USD pair came mostly due to the surprising hawkish change in tone by the Federal Reserve, which prompted increased demand for the green back. In addition, uncertainty on …

Negative trading dominated the pound sterling against the Japanese yen, as we expected touching the second target to be achieved during the last report, located at 151.90, recording the lowest price of 151.97. On the technical side, today we are inclined in our trading to the negative, relying on the …

Oil, Crude, trading

The Pound against the Japanese Yen starts its morning trading with clear negativity and starts pressing on the support level of 153.00. On the technical side, today we tend to the negativity, relying on confirming the pair’s breach of the psychological barrier’s support level, which is now turned to the …