Tag: GBP
EURJPY Continues Downtrend – Forecast for February 20, 2025
Jennifer -
The EURJPY pair has tested the additional support level at 157.30 this morning, confirming the bearish outlook and currently stabilizing near 156.80. Ongoing negative momentum,...
GBPCAD Remains Bullish – Forecast for February 20, 2025
Jennifer -
The GBPCAD currency pair has maintained a strong bullish trend, with recent positive closings consistently above the key support level at 1.7815. As a...
GBPJPY Continues to Show Negative Closures – Forecast for Today (19-2-2025)
Jennifer -
The GBPJPY pair concluded yesterday's session with another negative close below the 193.30 level, reinforcing the previously anticipated bearish outlook. The pair is currently...
GBPJPY Loses Positive Momentum – Forecast for February 17, 2025
Jennifer -
The GBPJPY currency pair has recently lost its positive momentum, continuing its downward movement with consistent closes below the 193.30 resistance level. This has...
EURJPY Faces Decline – Forecast for February 17, 2025
Jennifer -
The EURJPY currency pair has struggled to maintain momentum above the 160.25 mark, as it succumbed to the negative pressure from key technical indicators....
EURJPY Opens with Strong Positive Momentum – Forecast for February 13, 2025
Jennifer -
The EURJPY pair has begun the day with a strong bullish move, closing above the 160.20 level and pushing higher to settle near 161.15....
EURGBP Outlook: Bullish Momentum Continues – Forecast for February 13, 2025
Jennifer -
The EURGBP currency pair has maintained its upward trajectory, continuing to generate bullish momentum after breaking above the 0.8340 resistance level. This move signals...
GBPJPY Surges with Strong Gains, Bullish Momentum Continues – February 12, 2025
Jennifer -
The GBPJPY pair has successfully activated its bullish trend, benefiting from strong support at the 187.00 level. This stability has allowed the pair to...
USD/CHF Price Seeks Positive Momentum for Further Gains: Forecast for February 11, 2025
Jennifer -
The USD/CHF pair is currently holding above the 0.9100 level, but it requires a positive catalyst to maintain its upward momentum. If the price...
India’s Forex Reserves Rise for Second Consecutive Week to $630.6 Billion
Jennifer -
India's foreign exchange reserves grew for the second straight week, reaching a total of $630.6 billion as of January 31, according to a statement...
How Long Should I Hold a Forex Trade?
Jennifer -
The forex market, or foreign exchange market, is one of the largest and most liquid financial markets in the world, where currencies are traded...
Is a Higher or Lower Spread Better?
Jennifer -
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays a crucial role in the cost of...