Tag: GBP
What is a 0.10 Lot Size in Forex?
Jennifer -
When trading in the foreign exchange (forex) market, one of the most important concepts that every trader needs to understand is the "lot size."...
GBP/USD Forecast Update – September 13, 2024
Jennifer -
The GBP/USD currency pair recently tested a crucial support level at $1.3124, maintaining stability above it. This price action supports a bullish trend for...
What Is the Main Currency of the World?
Jennifer -
In the complex world of global finance, currencies serve as the backbone of trade, investments, and economic activities. Among the multitude of currencies circulating...
GBPJPY Hits Target: Forecast for September 12, 2024
Jennifer -
The GBPJPY currency pair has recently completed its downward move by reaching the target of 183.70. This level has acted as a barrier against...
GBP/JPY Continues to Decline: Forecast for September 11, 2024
Jennifer -
The GBP/JPY currency pair has sustained a downward trajectory, extending its losses and surpassing the initial target of 185.10. This trend indicates the potential...
What Is the Main Stock Index in the UK?
Jennifer -
The United Kingdom is home to one of the world’s most prominent financial markets, with its capital, London, serving as a global hub for...
What is Trading Size in Forex?
Jennifer -
In the world of forex trading, understanding the concept of trading size is essential for managing risk, maximizing profits, and ensuring longevity in the...
What is Higher Than the U.S. Dollar?
Jennifer -
The U.S. dollar (USD) is one of the most widely recognized and used currencies globally, serving as the world's primary reserve currency and a...
GBP/JPY Encounters New Support: Forecast for September 5, 2024
Jennifer -
The GBP/JPY currency pair experienced a significant decline yesterday, moving away from the 191.90 resistance level and reaching 188.20. This decline has brought the...
GBP/CHF Faces Resistance Line Stability: Forecast for September 5, 2024
Jennifer -
The GBP/CHF currency pair has consistently closed below the key resistance level of 1.1190, indicating a shift toward a bearish trend. The price is...
GBPJPY Fails to Confirm Breach – Forecast for September 4, 2024
Jennifer -
The GBPJPY pair has struggled to confirm a breach above the 191.90 barrier, leading to a decline towards 190.30, where it has settled. Stochastic...
How to Profit from Bid-Ask Spread in Forex?
Jennifer -
The foreign exchange (forex) market is the largest financial market globally, with trillions of dollars traded daily. One of the key concepts that every...