Tag Archives: GBP

Oil, Crude, trading

GBP/JPY managed to achieve the negative outlook, as we expected, touching the second target mentioned in the previous analysis at 149.60, recording a low of 149.36. On the technical side today, the price builds below the resistance level of 149.90, in addition to the pair continuing to get negative pressure …

Oil, Crude, trading

The pound was able to touch the first target mentioned in the previous analysis against the Japanese yen at 150.10. Technically speaking, the pair’s exchange rate remaining below the psychological barrier of 151.00, in addition to the negative pressure from SMAs. This encourages us to maintain our negative outlook targeting …

Oil, Crude, trading

Negative trading dominated the pound’s movements against the Japanese yen, as a result of hitting psychological barrier resistance 152.00. On the technical side, today we are biased negatively depending on trading stability below the mentioned resistance, in addition to the RSI gaining bearish momentum over the short time intervals. Therefore, …

Oil, Crude, trading

Positive trades dominated the moves of the pound sterling against its Japanese counterpart, touching the second target to be achieved during the previous analysis of 151.00 touching a high of 151.21. On the technical side today, the pair builds above 150.80 and generally above 150.30 supports the continuation of the …

Oil, Crude, trading

The British Pound (GBP) is rising on Monday against the declining U.S. Dollar (USD), supported by improved expectations in the UK and the anticipation for upcoming economic data. The GBP/USD pair is trading higher for the day by 1.13% at 1.3988. The pair has exceeded its best level in over …