Tag Archives: pound

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 …

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 …

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 …

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 …

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 …

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. …

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 …

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 …

Pound was dominated by mixed trading against the US dollar after it made attempts to rise, posting high at 1.3242. Technically, we are biased towards the positivity, depending on the price’s intraday stability above the support level of 1.3175, which meets around the 50-day average and adds more strength, in …

Positive trading dominates the pound against the US dollar after it managed to break 1.3175. On the technical side, we find the 50-day moving average holding the price, as we find the pair continues to get bullish momentum from the RSI. As long as trading remains above 1.3140 / 1.3120, …