Tag Archives: GBP

GBP/JPY starts its first weekly trading with a solid bearish tendency after it failed to maintain trading above 162.10, recording its lowest level during the early trading of the current session at 161.27. Technically, the daily trend is still bearish due to stability below the previously broken support-into-resistance, which is …

The UK Consumer Prices Index (CPI) 12-month rate came in at 9.4% in June when compared to 9.1% seen in May while beating estimates of a 9.3% print, the UK Office for National Statistics (ONS) reported on Wednesday. Meanwhile, the core inflation gauge (excluding volatile food and energy items) eased …

A bearish trend dominated the movements of gbp/jpy during the previous trading session, recording its lowest level around 161.60. Technically, we tend to the negative, relying on the pair’s pivot below the 162.80 level, with the pair continuing to get negative pressure from the 50-day simple moving average. Therefore, the …

Negative trading dominated the movements of the pound sterling against the Japanese yen within a strong bearish track, which recorded its lowest level during the early morning trading session at 163.35. On the technical side, the pair’s current moves are witnessing stability around the lowest level of 163.35, with pressure …

GBP/JPY was able to approach by a few points from the target published during the last analysis at 165.30, recording its lowest level at 165.40. On the technical side, we tend to be positive but cautiously, relying on the clear positivity features on stochastic, in addition to the intraday pivot …

GBP/JPY fell significantly after it failed to maintain trading above the 167.00 level, targeting 165.13. On the technical side, today, the apparent negative features on the RSI and its stability below the mid-line 50, a technical factor that supports the decline, and this comes in conjunction with the pair’s stability …

Noticeable negative trades dominated the movements of GBP/JPY within the idea of ​​the expected bearish tendency during the previous analysis, approaching by a few points the required target of 165.50, recording its lowest level during the early trading of the current session, 165.62. Technically, we find the simple moving averages …

GBP/JPY was able to record noticeable gains within the expected bullish path during the previous analysis, touching the official target station of 167.00 and approaching by a few points from the second target of 168.00, recording its highest level at 167.85. Technically, the pair’s intraday movements are witnessing a bearish …

Positive trading continues to control the movements of the pound sterling against the Japanese yen, reaching the level of 166.22, maintaining positive stability. Technically, we are inclined to the positive, but cautiously, relying on a pivot above the 164.70 support floor, along with the pair obtaining a positive stimulus from …

Bank of England policymaker Catherine Mann said on Monday that her views on the BOE’s rate outlook were not about defending the British pound.“There is an important difference of view on the Monetary Policy Committee (MPC) on the resilience of UK consumption,” Mann added. “Since the May MPC meeting, I …