The pound sterling traded against US Dollar in a noticeable positive way, touching the second target to be achieved during the last analysis, located at 1.3430, to hit its highest level at 1.3442. On the technical side today, and with the pair’s success in building a base on the pivotal …
Read More »GBP/JPY: Maintains Positive Stability
The Pound jumped against the Japanese Yen, surpassing the required target within the expected bullish path, reaching its highest level during the previous trading session at 139.60. Technically, with the pair able to build on the 139.00 support floor, with the pair continuing to get a positive stimulus from the …
Read More »GBP Reiterating Bullish Chances
The pair has not undergone any change, and the negative outlook remains in place, maintaining the positive stability, as we expected within a gradual rise to the upside. On the technical side, and with a closer look at the 4-hour chart, we find that there are positive crossover signals that …
Read More »GBP/JPY: Looking For Momentum
Negative trading dominated the pound’s movements against its Japanese counterpart within the expected bearish context during the previous report, to touch the first required target of 138.65, posting its lowest level at 138.42. On the technical side today, despite the slight bearish bias, we believe that building a base above …
Read More »GBP Looking For Extra Momentum
The British Pound faced a strong level near the psychological barrier of 1.3400, which forced it to retest the support floor of 1.3280. Technically, looking at the 4-hour chart, we find positive crossover signals that are still dominating the stochastic indicator to get rid of the negativity, looking at the …
Read More »GBP/JPY: Still on The Downside
Negative trading dominates pound’s movements against its Japanese counterpart, after finding strong resistance near the psychological level of 140.00. On the technical side, today the current movements are witnessing a bearish bias, due to the pressure of the clear negative crossover signals on the stochastic indicator, in addition to the …
Read More »GBP Remains Bullish on Track
The British Pound maintains its bullish path against the US dollar, approaching a few points difference from the target published in the previous analysis, located at 1.3400, posting a high of 1.3397. Technically, and with a closer look at the 4-hour chart, we find the stochastic trying to obtain more …
Read More »GBP/JPY: Temporary Negative
The pound touched against its Japanese counterpart, the first target to be achieved during the previous report, located at 139.80, to hit its highest level at 138.84. On the technical side, the current moves are witnessing a bearish bias, as a result of stochastic losing bullish momentum, in addition to …
Read More »GBP Needs Extra Momentum
Positive trades dominated the movements of the pound against the US dollar, approaching a few points difference from our published target during the previous analysis, located at 1.3390, to record its highest level at 1.3380. Technically, the pair found it difficult to continue rising as a result of approaching the …
Read More »GBP/JPY: Trying to Consolidate
Positive trading dominated the moves of the pound against the Japanese yen, touching the second target to be achieved yesterday at 139.40, posting a high of 139.47. On the technical side, the current movements are witnessing a slight bearish bias, as a result of intraday buying. With a closer look …
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