Tag: GBP
GBPCAD Faces Resistance as Bullish Momentum Corrects
Jennifer -
The GBPCAD currency pair experienced a correction in its bullish momentum, testing an additional resistance level at 1.6790, in proximity to the MA55. Subsequently,...
GBPJPY Fails to Confirm Breakout, Faces Potential Downside Pressure
Jennifer -
The GBPJPY currency pair encountered difficulty in confirming its breach of the key resistance barrier at 183.50. This setback led to a decline, with...
GBPJPY Indicates Positive Momentum
Jennifer -
The GBPJPY pair demonstrated resilience against recent downward pressures by initiating a new bullish wave, with a notable attempt to surmount the critical 183.50...
The GBPJPY Pair Sees No Major Developments
Jennifer -
The GBPJPY pair continues to grapple with the persistent conflict between major indicators, despite remaining below the key resistance at 183.50. This situation is...
GBPCAD Displays Persistent Bearishness
Jennifer -
The GBPCAD currency pair has reaffirmed its alignment with the prevailing bearish sentiment, as it has generated new closing prices below the additional resistance...
GBPJPY Commences Downward Movement
Jennifer -
The GBPJPY currency pair has initiated a descent, marking the onset of a bearish trajectory. This shift is evident as the pair moves away...
GBPJPY Consolidates Below Resistance
Jennifer -
The GBPJPY pair continues to trade within a sideways range, maintaining its stability near the 182.40 level. However, it has not provided any new...
GBP/JPY Displays Recent Volatility
Jennifer -
In recent trading sessions, the GBP/JPY pair has exhibited a degree of instability, largely attributed to the ongoing contradiction observed among major technical indicators....
GBP/SEK Remains in a Bearish Trend
Jennifer -
The GBP/SEK pair has experienced repeated negative closings, emphasizing its commitment to the bearish bias previously suggested. Notably, the pair has fallen below the...
Midday Update for GBP/USD: Cable Treads Water Amidst Mixed Sentiment
Jennifer -
The GBP/USD pair is currently experiencing a tug of war, with mixed sentiment causing it to hover around the 1.2160 level. This hesitancy is...
GBP/JPY Pauses Recent Positivity
Jennifer -
The GBP/JPY currency pair has witnessed a recent loss of positive momentum as the stochastic indicator sharply dipped below the 50 level. This shift...
GBPJPY Maintains Bullish Bias Despite Short-Term Hiccup
Jennifer -
The GBPJPY currency pair experienced a temporary setback as Stochastic indicators exited overbought territory, leading to a pause in the bullish momentum and a...