Tag: GBP
EUR/GBP Tests Support Level – Forecast for August 14, 2024
Jennifer -
The EUR/GBP pair has recently experienced a corrective bearish pullback, testing the 0.8532 support line and stabilizing above it, which sets the stage for...
What Are Spreads Used for in Forex?
Jennifer -
In the foreign exchange (forex) market, understanding spreads is crucial for both novice and experienced traders. The spread, which refers to the difference between...
What Is the Safest Forex to Trade?
Jennifer -
The foreign exchange (forex) market is the largest and most liquid financial market in the world, offering a range of opportunities for traders. However,...
Rolls-Royce Shares Hit Record High on Dividend Reinstatement and Upgraded Profit Outlook
Jennifer -
Rolls-Royce (LON) shares soared to a record high on Thursday after the company announced the reinstatement of its dividend and upgraded profit guidance for...
GBPJPY Continues to Exhibit Bearish Trends – Forecast for July 29, 2024
Jennifer -
The GBPJPY currency pair displayed mixed trading activity last Friday, initially approaching 199.05 before continuing to form negative waves. The pair remains firmly below...
How to Trade Forex Smartly?
Jennifer -
Trading forex can be a highly rewarding endeavor, but it requires a strategic approach, deep understanding of the market, and disciplined execution. With trillions...
GBPJPY Approaches Target – Forecast for July 26, 2024
Jennifer -
The GBPJPY currency pair demonstrated a significant bearish move yesterday, approaching the primary target of 195.85. This was followed by a corrective bullish rebound,...
GBPJPY Resumes Decline – Forecast for July 25, 2024
Jennifer -
The GBPJPY currency pair has continued its bearish trend, confirming its surrender to the negative bias with a significant drop below the previous target...
GBPJPY Experiences Significant Decline – Forecast for July 24, 2024
Jennifer -
The GBPJPY currency pair experienced a decline yesterday, settling below the 201.65 level and indicating a shift towards a bearish trend. This morning, the...
What is the Slot Size in Forex?
Jennifer -
In the world of forex trading, the concept of "slot size" is crucial for both novice and experienced traders. Also referred to as position...
GBPJPY Hits Target – Forecast for Today, July 23, 2024
Jennifer -
The GBPJPY currency pair has maintained its bearish stance below the 204.40 resistance level, benefiting from additional negative momentum provided by stochastic indicators. The...
What is the Benefit of Spread in Forex?
Jennifer -
In forex trading, the term "spread" refers to the difference between the bid price and the ask price of a currency pair. This seemingly...