Tag Archives: GBP

Strong negative trades dominated the pound’s movements against its Japanese counterpart yesterday, touching the second target during the previous trading session at 138.70, posting low at 137.90. On the technical side, we tend to be negative in our trading, relying on the stability of trading below the resistance of the …

The British pound retreated against the US dollar during the previous session within the expected bearish path, touching the second official target required at 1.3325, recording a low of 1.3225. On the technical side today, the price has stabilized below the previously breached support level, which is now converted into …

The British Pound (GBP) is showing a negative performance on Monday, however, it was able to cut its losses in half showing some recovery signs amid anticipation for what could be the latest round of trade talks between the United Kingdom (UK) and the European Union (EU) about the post-Brexit …

The pair started its first weekly trading with a bearish bias, after it faced a strong resistance level near 140.470, to witness the current moves of the pair stabilizing below 140.00 again. Technically, trading remained below the mentioned level accompanied by negative pressure coming from the simple moving averages. Therefore, …

Positive trading dominated the movements of the pound against the US dollar, touching the weekly target at 1.3500, reaching a high of 1.3540. Technically, the pair failed to stabilize for a long time above the psychological barrier resistance 1.3500, which forced it to trade near the support level 1.3420, so …

The GBP/JPY failed to stabilize for a long time above the 140.30 resistance level, which is a temporary obstacle preventing the pair from continuing the rally. Technically speaking, the current movements are witnessing a bearish bias due to stability below the aforementioned level, and we see negative signs appearing on …

The British pound succeeded in achieving the expected positive outlook Mentioned in the previous analysis, touching the goal of 1.3500, posting a high of 1.3500. On the technical side, and with trading above the pivot support level, which represents the key to protecting the upside move at 1.3220, in addition …

The pound showed a positive trade against the Japanese yen, maintaining a gradual rise to the upside, approaching a few points difference from goal of 140.60, posting a high of of 140.45. Technically, we see the price is stable above 139.30, and the RSI indicator is stable above the middle …

Negative trading dominated the pound’s movements against the US dollar, but the support levels published in previous analysis, located at 1.3320, managed to limit the bearish bias. Technically, today we find the price is still stable above the aforementioned support, and we find Stochastic trying to get rid of the …

Positive trading dominated the movements of the pound sterling against its Japanese counterpart, touching the official target to be achieved yesterday, located at 140.35, posting a high of 140.31. On the technical side, today we find the price is stable above 139.30, and the RSI indicator is stable above the …