Tag Archives: GBP

GBP/JPY managed to achieve the first target required to be touched during the previous analysis at a price of 152.55, and it is close a few points from the second target of 152.90, recording the highest of 152.80. On the technical side, the current trading is witnessing a bearish tendency, …

Oil, Crude, trading

The pound witnessed a bullish bias during yesterday’s session within the expected positive outlook in the previous analysis, surpassing the first target of 152.00, recording a high of 152.24. On the technical side today, the stability of the intraday trading above 151.40 is a positive factor that increases the probability …

Oil, Crude, trading

Positive trading regained control of the pound’s movements against the Japanese yen after it managed in building a base on the support floor at 150.80. On the technical side today, and with trading remaining above the aforementioned level, accompanied by the positive stimulus of the 50-day moving average, in addition …

Oil, Crude, trading

GBP/JPY found a good support level around the first target published during the previous analysis at 148.65, which forced it to retest the 150.00 resistance level. On the technical side, and despite the bullish intraday tendency, we tend to be negative depending on the clear negativity features on the stochastic …

Oil, Crude, trading

The British Pound (GBP) is rising on Thursday, supported by a positive sentiment as the United Kingdom (UK) and the European Union (EU) vowed to cooperate to reach a settlement to the current disagreements in a way that would facilitate cooperation in vaccine distribution and transportation. Despite a mostly positive …

The pound’s current moves against the Japanese yen are witnessing a slight upward slope after setting a good support floor near 148.60. On the technical side, despite the bullish bias, we tend to be negative depending on the continuation of the negative pressure coming from the 50-day moving average, in …