Tag: GBP
GBP/JPY Touches First Target – Forecast for June 25, 2024
Jennifer -
GBP/JPY Price Analysis Expected Scenario The GBP/JPY pair experienced a brief corrective bearish wave yesterday but stabilized above the additional support level of 201.40. It successfully...
EUR/GBP Repeats Negative Closings – Forecast for June 25, 2024
Jennifer -
EUR/GBP Price Analysis Expected Scenario The EUR/GBP pair remains consolidated within a minor bearish channel, currently influenced by the strong resistance at the 0.8485 level. This...
GBPJPY Surpasses Key Barrier – Forecast for June 24, 2024
Jennifer -
GBPJPY Price Analysis Current Scenario The GBPJPY pair has reactivated its bullish trend by surpassing the key barrier at the 201.40 level. This upward movement has...
GBPJPY Price Analysis – Forecast for June 21, 2024
Jennifer -
Expected Scenario The GBPJPY pair has shown signs of postponing its bullish momentum, primarily due to repeated negative closes below the barrier at 201.40. This...
GBPUSD Price Awaits Confirmation Signal – Forecast for June 20, 2024
Jennifer -
Current Situation The GBPUSD pair remains confined within a narrow range, oscillating between a support level at $1.2700 and a resistance level at $1.2730. As...
Which is the Richest Foreign Currency?
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The concept of the richest foreign currency often captivates the imagination of investors, travelers, and economists alike. The strength of a currency is influenced...
GBP/JPY Postpones Decline – Forecast for June 18, 2024
Jennifer -
GBP/JPY Price Analysis The GBP/JPY pair encountered resistance at the 199.00 level, establishing new support against the correctional bearish wave. This led to a postponement...
Which Currency is Mostly Used in the World?
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The global economy is an intricate web of financial transactions, trade agreements, and currency exchanges. Among the myriad currencies circulating today, one stands out...
GBPCHF Correctional Bearish Trend Persists – Forecast for June 14, 2024
Jennifer -
GBPCHF Price Analysis Amidst the prevailing market conditions, the GBPCHF price has succumbed to the resistance barrier at 1.7590 following a recent bullish rally. This...
Why does spread increase at night?
Jennifer -
Forex trading operates around the clock, with markets open 24 hours a day, five days a week. However, traders often notice an increase in...
Which Currency is the Most Expensive?
Jennifer -
In the global financial system, currencies play a crucial role in facilitating international trade, investment, and economic stability. Among the myriad of currencies circulating...
Why is my spread so high in forex?
Jennifer -
For traders in the foreign exchange (forex) market, understanding the concept of spread is essential. The spread refers to the difference between the bid...