Continues to Pound the Yen
In conclusion, the British pound surged during Wednesday’s trading session, highlighted by the breakthrough above the ¥185 level, a psychologically significant marker. […]
GBP/USD Forecast: British Pound Pulls Back
Should the market venture below the 200-day EMA, it might very well set off a sustained negative trajectory. In the recent span […]
Pound Rallies Substantially Against Yen
Investors should monitor key support and resistance levels, including the ¥160 level and the overall range between ¥160 to ¥165. Advertisement The […]
Pound Rallies Ahead of FOMC Meeting
The meeting’s outcome will play a crucial role in shaping the pound’s trajectory, as key resistance levels and trading ranges come into […]
Pound Faces Volatility and Uncertainty
It’s best to keep position sizes small or not trade at all. The British pound against the US dollar exchange rate kicked […]
British Pound Early Rally Fades on Friday
Key support and resistance levels to watch are 1.20 and 1.23, with possible downside targets at 1.1850 and 1.15. The GBP/USD currency […]
Pound drops Against the Yen Heading into t
A breakdown below Thursday’s candlestick could signal negativity, potentially sending the market to the ¥157.50 level—a region that offered substantial support based […]
Overall Negative Outlook for the Pound
The market seems poised to continue drifting lower, potentially reaching the 1.1850 level. The GBP/USD currency pair started the week by gapping […]
Pound Continues to Rise Against the Yen
Traders should be cautious and employ the right strategies to take advantage of the market’s volatility while managing their risks effectively. The […]
Pound Struggles in the Same Region
In the short term, traders may want to consider a “fade the rally” strategy. The GBP/USD pair has been trading in a […]
British Pound Gives Up Its Early Gains
It remains to be seen whether the pound can sustain any rally in the face of a strengthening US dollar. The GBP/USD […]
Pound Tries to Stay in Consolidation
The outlook for the British pound is bearish, and traders should be cautious when considering long positions. During Monday’s trading session, the […]