Mixed trades dominated the movements of the pound sterling against the US dollar, cancelling the negative outlook and touching the stop-loss order published in the previous analysis at 1.3410, recording its highest level at 1.3480. On the technical side, and despite the bullish tendency, we tend to be negative. We …
Read More »Cable Starts With a Limited Positivity
The British pound opened its early trades for the current session with a slight upward slope after several consecutive sessions of retreat against the US dollar within limited attempts to rise, benefiting from the psychological barrier support level of 1.3300. On the technical side, the price has stabilized below the …
Read More »Pound Gives up Gains And Negativity in place
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 …
Read More »Pound Tends to Have an Intraday Negative Direction
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 …
Read More »GBP Rising Against USD
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 …
Read More »GBP Testing Support
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 …
Read More »Pound Continues to Gain Ground
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 …
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