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 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 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 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 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 needs careful consideration
The British Pound succeeded in achieving the positive outlook, as we expected, surpassing the second goal around 1.3380, reaching its highest level at 1.3397. On the technical side, the pair was subjected to strong negative pressure as a result of approaching the psychological barrier resistance of 1.3400, to witness the …
Read More »Cable Achieves New Highs
The British Pound opened its first weekly trading with a bullish tendency within the upside as we expected, touching our first target 1.3310, posting high at 1.3327. Technically, we tend to be positive, depending on the pair’s stability above the 1.3270 resistance level, which has now turned into a support …
Read More »Cable Based on Support
The British Pound found a strong support floor near the psychological barrier of 1.3200, to start its daily trading positively, and hover around the resistance level at 1.3280. Technically, the simple moving averages continue to hold the price from below, and we find the RSI indicator stable above the mid-line. …
Read More »Pound Run Into Psychological Barrier
The British Pound touched the target to be achieved in the previous report, located at 1.3300, to hit its highest level at 1.3310. Technically, the pair collided with the psychological resistance level represented by our target 1.3300 but couldn’t consolidate above it. The current movements are witnessing a bearish bias …
Read More »Cable Gets Positive Momentum
The British pound continues to rise against the US dollar, maintaining the bullish path, benefiting from stability above the support level 1.3170, approaching a few points difference from the goal published in the previous analysis at 1.3285, posting a peak at 1.3273. Technically, we are biased towards the positivity given …
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