Tag: GBP
What Are the Big 5 Currencies?
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In the world of finance and international trade, currencies play a crucial role in shaping economic relationships and influencing markets. Among the multitude of...
Does the Spread Change on Forex?
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In the realm of foreign exchange (Forex) trading, understanding the concept of the spread is crucial for traders seeking to optimize their strategies and...
GBP/JPY Price Forecast Update – September 27, 2024
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The GBP/JPY pair has successfully exceeded the MA55, advancing toward the 50% Fibonacci correction level at 194.20, which was identified as a key target....
GBPJPY Pressures Moving Average: Forecast for September 26, 2024
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The GBPJPY currency pair has exerted significant positive pressure on the MA55 at 193.00, indicating a potential resumption of the bullish trend. The next...
GBP/JPY Price Forecast Update – September 25, 2024
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The GBP/JPY currency pair achieved its first additional target at 193.30 yesterday but has since experienced a temporary negative rebound, settling around the 192.20...
EUR/GBP Forecast Update – September 25, 2024
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The EUR/GBP currency pair is experiencing significant losses, primarily driven by persistent negative pressure as it continues to consolidate within a bearish channel. The...
GBP/USD Forecast Update – September 25, 2024
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The GBP/USD currency pair is currently exhibiting a bearish bias, moving towards a potential test of the key support level at $1.3355. This downward...
GBP/JPY Continues Positive Closings: Forecast for September 24, 2024
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The GBP/JPY currency pair exhibited mixed trading yesterday, primarily due to a lack of positive momentum. After reaching a low of 190.15, the pair...
GBP/CHF Set to Experience Negative Momentum: Forecast for September 24, 2024
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The GBP/CHF currency pair has concluded its corrective bullish rally after encountering resistance at the 1.1340 level. This key barrier has prompted a downturn,...
What Causes High Spread in Forex?
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In the world of forex trading, the spread is a crucial concept that every trader must understand. The spread refers to the difference between...
GBP/USD Forecast Update – September 20, 2024
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The GBP/USD currency pair is showing signs of positive momentum, testing the resistance line of its bullish channel. Traders anticipate further gains, with targets...
GBPAUD Forecast: September 20, 2024
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The GBPAUD pair has shown consistent positive closings above the previous resistance level of 1.9325, establishing solid support for a potential bullish trend. The...