Oil, Crude, trading
Read More »GBP/JPY: Re-test Support
The pound against the Japanese yen hit its highest level during the previous trading session around the first target to be achieved, 142.30, to hit a high of 142.26. Technically, despite the slight downside bias that the pair’s movements are witnessing on short time frames, we tend to be positive, …
Read More »British Pound Meets Resistance
Oil, Crude, trading
Read More »GBP/JPY: Trading Positive
Positive trading dominated the pound’s movements against its Japanese counterpart within the expected upward trend, touching the second target to be achieved, 141.70, posting a high of 142.02. On the technical side, we are positive in our trading, relying on the positive motive of the 50-day moving average, in addition …
Read More »British Pound Reverses The Bearish Trend
Oil, Crude, trading
Read More »GBP Rises with Negative Rates Seem Unlikely
The British Pound (GBP) is showing a strong performance on Tuesday, supported by the decline of the U.S. Dollar (USD) and the possibility of negative rates being ruled out by the governor of the Bank of England, Andrew Bailey. The GBP is up by a little over 1% against the …
Read More »GBP/JPY: Starts on The Positive Side
The pound sterling started its daily trading against its Japanese counterpart positively, benefiting from the support level of 140.40, as the current moves witnessed stability around the highest level during the early in early session at 141.10. On the technical side, we are biased towards the positive side, relying on …
Read More »Pound Retest Resistance
Oil, Crude, trading
Read More »GBP/JPY: Facing Negative Pressure
The current moves of the British pound against its Japanese counterpart are seeing a bearish bias on short time frames after failing to hold a long term above 141.00. The technical side today indicates the possibility of a bearish bias during the coming hours, as a result of the clear …
Read More »Pound Facing Negative Scenario
Oil, Crude, trading
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