The Bank of England (BoE) Governor Andrew Bailey is not expecting long-term impacts from thw recent surge in consumer prices. The inflation rate in the United Kingdom (UK) rose last month to 1.5%, compared with 0.7% in March, as the economy recovers from the coronavirus pandemic, and amid rising energy …
Read More »GBP/JPY:ِ Starts on The Downside
Negative trading is controlling the pound’s movements against the Japanese Yen for the second session in a row after the pair failed to stabilize for a long time above the psychological barrier of 154.00. On the technical side, today, we tend to be negative, relying on trading to remain intact …
Read More »Pound Faces Temporary Negative Pressure Against The Dollar
Oil, Crude, trading
Read More »GBP/JPY:ِ Attacks The Psychological Barrier
Positive trading dominated the movement of the pound sterling against the Japanese yen during the previous trading session, recording a high of 154.83. Technically speaking today, it indicates the possibility of continuing the rise, depending on trading stability above the support level 154.10 in addition to the positive stimulus coming …
Read More »Pound Continues to Advance Against US Dollar
Oil, Crude, trading
Read More »The Pound Settled Below Resistance
Oil, Crude, trading
Read More »GBP/JPY: Faces Negative Pressure
Narrow range sideways trading dominated the pound’s movement against the Japanese yen, after finding a strong resistance level near the psychological barrier of 154.00. On the technical side, today, we tend to be negative over the coming hours, relying on the gradually losing bullish momentum stochastic. From here, we aim …
Read More »Pound Settled Above Support
Oil, Crude, trading
Read More »GBP/JPY: Attacks The Psychological Barrier
The British pound jumped against the Japanese yen as we expected during the previous analysis, touching the official target station at 152.60, to hit a high of 154.01. On the technical side today, with the pair succeeding in surpassing the resistance level 153.30 and the most important 152.80, which has …
Read More »Sterling Outperforms Against The Dollar
Oil, Crude, trading
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