Tag: GBP
GBPJPY Holds Above Support, Potential for Bullish Rally – Forecast for December 2, 2024
Jennifer -
The GBPJPY pair has managed to close positively above the support at 190.35, signaling a reduction in losses and bolstering the prospects of a...
EURCHF Price Set to Remain Bearish Below Resistance – Forecast for December 2, 2024
Jennifer -
The EURCHF currency pair continues to consolidate below the resistance level of 0.9338, maintaining its bearish trend. The price is currently fluctuating around the...
What is the Ideal Spread in Forex?
Jennifer -
In the world of forex trading, one of the key factors that traders must consider when entering the market is the spread. The spread...
What is a Lot Size in Forex?
Jennifer -
Lot size in forex trading refers to the amount of currency being traded in a transaction. Understanding lot size is crucial for traders as...
Turkish Stock Exchange Flat at Open: BIST 100 Slightly Up
Jennifer -
The Turkish stock market opened flat on Thursday, with the BIST 100 index registering a very modest increase. The index stood at 9,640.57 points,...
EURGBP Faces Negative Pressure – Forecast for November 29, 2024
Jennifer -
The EURGBP continues to trade within a bearish channel, with the price recently facing resistance around the key level of 0.8360. This has led...
GBPJPY Finds Strong Support and Faces Potential Bullish Reversal – Market Forecast for November 28, 2024
Jennifer -
The GBPJPY pair has recently encountered solid support at 190.70, halting the previous downward movement. This support, coupled with stochastic positivity, has led to...
GBPAUD Remains Above Support: Bullish Outlook for November 25, 2024
Jennifer -
Despite recent negative pressures, the GBPAUD pair has consistently held above the key support level of 1.9225, reinforcing the previously suggested bullish trend. For the...
GBP/USD Price Forecast – November 22, 2024
Jennifer -
The GBP/USD pair continues its downward trajectory, attempting to break the key support level of $1.2566. This movement strengthens expectations of a sustained bearish...
GBPUSD Price Forecast: Bearish Trend Continues Below Key Resistance
Jennifer -
The GBPUSD pair is showing a slight bearish bias, as it attempts to resume the expected downward trend on an intraday basis. The negative...
GBPAUD Forecast Update – 20th November 2024
Jennifer -
Despite the GBPAUD pair's need for positive momentum recently, its repeated stability above the bullish channel support at 1.9225 keeps the bullish track intact....
GBPCAD Activates Bearish Correctional Trend – Forecast for November 11, 2024
Jennifer -
Despite trading within a bullish channel, the GBPCAD currency pair has faced consistent pressure below the 1.8110 barrier, signaling a shift towards a correctional...