Tag: GBP
Markets React as Powell Dismisses Recession Fears, USD Slips
Jennifer -
Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...
GBPJPY Settles Below Barrier: Bullish Outlook Continues – Forecast for March 13, 2025
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The GBPJPY pair experienced a strong bullish rally yesterday, reaching the previously targeted barrier at 193.25. However, the resistance at this level caused the...
GBPJPY Starts to Rise – Forecast for March 12, 2025
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The GBPJPY pair has capitalized on the support at the 188.50 level, activating its bullish trend and gaining momentum towards 191.70, bringing it closer...
EURGBP Sees Significant Gains – Forecast for March 12, 2025
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The EURGBP currency pair has regained its bullish momentum, breaking above the key resistance level of 0.8315. This upward movement has resulted in significant...
GBP/CHF Approaches Key Resistance Level – March 6, 2025 Forecast
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The GBP/CHF currency pair witnessed a strong bullish rally on Wednesday, capitalizing on sustained consolidation within a minor bullish channel. The pair successfully surpassed...
GBPJPY Breaks Resistance – Forecast for March 5, 2025
Jennifer -
The GBPJPY currency pair experienced a strong bullish rally on Tuesday, breaking through the bearish channel's resistance at 190.55. This breakout led to significant...
EURJPY Postpones Decline – Market Forecast for March 4, 2025
Jennifer -
The EURJPY currency pair reached its initial negative target of 155.90 yesterday, but encountered significant support at this level, halting the downward movement. This...
GBPCAD Achieves Significant Gains – Market Forecast for March 4, 2025
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The GBPCAD currency pair has shown notable strength, benefiting from positive factors such as its position within a bullish channel and sustained momentum from...
EURJPY Shows Sideways Movement, Bearish Bias Remains – February 27, 2025 Forecast
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The EURJPY currency pair has been experiencing slow, sideways movement, fluctuating around the 156.20 level. The pair is currently attempting to build additional negative...
GBPCHF Forms Bullish Channel, Poised for Further Gains – February 27, 2025 Forecast
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The GBPCHF currency pair has recently established a minor bullish channel, with the price currently holding steady above its support line at 1.1290. The...
GBPJPY Awaiting Breakout – Market Forecast for February 25, 2025
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The GBPJPY pair has struggled to continue its downward momentum, despite trading within a bearish channel. The presence of additional support at 188.10 has...
EURJPY Requires Fresh Momentum – Market Forecast for February 24, 2025
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The EURJPY pair saw some negative movement last Friday, reaching the 155.80 level, reinforcing the previously suggested bearish outlook. However, conflicting signals from key...