Tag: GBP
GBPUSD Faces Resistance at 1.2165, Bearish Trend in Focus
Jennifer -
London, UK, September 28, 2023 (GLOBE NEWSWIRE) - The GBPUSD pair has seen an uptick in trading activity, testing a significant resistance level at...
GBPJPY Poised to Continue its Downward Movement
Jennifer -
The GBPJPY pair has demonstrated a pattern of fluctuations below the 181.80 level, establishing an additional barrier against downward movements. This behavior has led...
Gold Prices Decline as US 10-Year Yields Rise and WTI Crude Oil Climbs
Jennifer -
Gold prices experienced a decline on Tuesday, coinciding with a rise in US 10-year Treasury yields and an ascent in West Texas Intermediate (WTI)...
GBP/JPY: Temporary Sideways Movement Persists Amid Bearish Sentiment
Jennifer -
The GBP/JPY pair continues to experience a temporary sideways fluctuation, with its stability at 181.65 preventing the attainment of any new negative targets. This...
GBP/CHF Records Repeated Declines, Exhibiting Bearish Bias
Jennifer -
The GBP/CHF pair has continued to display a persistent bearish bias, with recent closes falling below the crucial resistance level at 1.1515. Additionally, it...
GBPUSD Sustains Its Decline
Jennifer -
The GBPUSD pair continues to exhibit a bearish bias, steadily approaching our anticipated target at 1.2200. Our outlook supports further downward momentum, with additional...
GBPJPY Takes a Momentary Pause in Forex Trading
Jennifer -
The GBPJPY currency pair has initiated a temporary period of sideways trading, currently stabilizing near the 181.60 level. This consolidation phase appears to be...
Which one is highest currency in the world: A Comprehensive Analysis
Jennifer -
Currencies are the lifeblood of global economies, facilitating trade, investment, and financial transactions worldwide. The strength of a currency can have a profound impact...
GBPJPY Achieves Second Downside Target
Jennifer -
The GBPJPY currency pair initiated a fresh bearish attack in the previous session. It capitalized on the sustained trading below the 183.20 level, successfully...
GBPJPY Reaches Initial Bearish Target, Eyes Further Declines
Jennifer -
The GBPJPY currency pair has resumed its corrective bearish movement, successfully reaching the initial negative target at 182.35. This level is currently acting as...
GBPAUD Under Pressure as Stochastic Declines
Jennifer -
The GBPAUD currency pair has recently encountered significant downward pressure, driven by a decline in the stochastic indicator towards the 20 level. This bearish...
GBPJPY Under Pressure as Support Levels Tested
Jennifer -
The GBPJPY currency pair finds itself under renewed downward pressure as it continues to trace negative patterns, testing the lower bounds of the minor...