Tag: GBP
GBPJPY Exerts Renewed Downward Pressure on Support Level
Jennifer -
The GBPJPY pair has once again intensified its bearish momentum, applying significant downward force on the critical support line at 179.00. This move signals...
What does 0.10 lot size mean?
Jennifer -
In the dynamic world of forex trading, various terms and metrics play a pivotal role in determining the size and scope of trades. One...
Which is the highest money value?
Jennifer -
In the vast realm of currencies and financial systems, the concept of money value takes center stage. The pursuit of wealth and prosperity prompts...
GBPJPY Encounters Downward Momentum Amidst Key Resistance
Jennifer -
The GBPJPY pair has once again succumbed to bearish market sentiment, experiencing a downturn influenced by the resilience of the additional barrier positioned at...
GBP/JPY Sustains Bearish Momentum with Repeated Negative Closures
Jennifer -
The GBP/JPY pair remains anchored in negative territory, maintaining its stability below the critical 184.35 barrier. The market has produced a series of negative...
GBP/JPY Faces Resistance at 184.35, Bears Eye Correction
Jennifer -
The GBP/JPY pair made an upward extension towards the 184.35 level, testing an additional barrier before experiencing a negative bounce towards 182.90. It's noteworthy that...
GBPJPY Resumes Recovery, Aiming to Recoup Losses
Jennifer -
The GBPJPY pair has signaled its intent to recover losses by recently surpassing the 181.90 level. It has aggressively approached the MA55, reaching 182.70,...
GBPJPY Postpones Anticipated Bullish Rally, Faces Bearish Pressures
Jennifer -
The GBPJPY pair encountered notable downward pressure on the last trading day, leading to a breach below the 186.25 level. A double bottom pattern...
Technical Analysis: GBPJPY Capitalizes on Positive Momentum
Jennifer -
The GBPJPY pair has effectively shaken off the influence of corrective bearish pressures, notably encountering the MA55 at 183.23. A noteworthy development is the...
GBPJPY: Correctional Decline Continues
Jennifer -
The GBPJPY pair has affirmed its adherence to the corrective bearish bias by touching the 186.42 level, nearing the anticipated downside target. This bearish...
GBPJPY Encounters Resistance, Faces Potential Correction
Jennifer -
The GBPJPY pair recently achieved the previously indicated positive targets, reaching 188.65, where it encountered a substantial barrier. This led to a swift correctional...
Sterling’s Retreat Against Yen Reflects Anticipation of BoJ Policy Shift
Jennifer -
In the realm of Asian trading, the British pound initially surged to its highest level against the Japanese yen in over a week, peaking...