Tag: GBP
EURGBP Faces Negative Pressure – Forecast for November 29, 2024
Jennifer -
The EURGBP continues to trade within a bearish channel, with the price recently facing resistance around the key level of 0.8360. This has led...
GBPJPY Finds Strong Support and Faces Potential Bullish Reversal – Market Forecast for November 28, 2024
Jennifer -
The GBPJPY pair has recently encountered solid support at 190.70, halting the previous downward movement. This support, coupled with stochastic positivity, has led to...
GBPAUD Remains Above Support: Bullish Outlook for November 25, 2024
Jennifer -
Despite recent negative pressures, the GBPAUD pair has consistently held above the key support level of 1.9225, reinforcing the previously suggested bullish trend. For the...
GBP/USD Price Forecast – November 22, 2024
Jennifer -
The GBP/USD pair continues its downward trajectory, attempting to break the key support level of $1.2566. This movement strengthens expectations of a sustained bearish...
GBPUSD Price Forecast: Bearish Trend Continues Below Key Resistance
Jennifer -
The GBPUSD pair is showing a slight bearish bias, as it attempts to resume the expected downward trend on an intraday basis. The negative...
GBPAUD Forecast Update – 20th November 2024
Jennifer -
Despite the GBPAUD pair's need for positive momentum recently, its repeated stability above the bullish channel support at 1.9225 keeps the bullish track intact....
GBPCAD Activates Bearish Correctional Trend – Forecast for November 11, 2024
Jennifer -
Despite trading within a bullish channel, the GBPCAD currency pair has faced consistent pressure below the 1.8110 barrier, signaling a shift towards a correctional...
GBP/USD Price Forecast – November 7, 2024
Jennifer -
The GBP/USD pair is showing a bullish bias as it tests the 50-period Exponential Moving Average (EMA), which is acting as a strong resistance...
GBP/USD Forecast Update – November 6, 2024
Jennifer -
The GBP/USD pair has successfully reached our initial target of 1.2866$ and is currently testing this level from below, reinforcing the expectation of continued...
Does Bearish Mean Buy or Sell?
Jennifer -
In the world of finance and investing, terms like "bearish" and "bullish" are frequently thrown around. Understanding what these terms mean and how they...
GBP/USD Forecast Update – October 23, 2024
Jennifer -
The GBP/USD currency pair has been trading within a narrow range since this morning, maintaining its expected bearish trend. This outlook hinges on the...
GBP/USD Forecast Update: October 22, 2024
Jennifer -
The GBP/USD currency pair is currently testing the $1.3000 level, maintaining stability below it, which supports the validity of the bearish trend scenario for...