EUR/GBP Rebounded to 0.8515 ahead of BoE Gov Bailey Speech
The EUR/GBP continues to trade with a bullish bias while traders wait for the BoE Bailey Speech. The day before, the EUR/GBP was closed at…
Category: Forex
GBP/JPY Price Tumbles to 8-Week Lows Around 150.5 as Risk-off Prevails
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Fresh selling pushed the GBP/JPY down on Tuesday to its lowest level since October 4. The risk-off impulse supported the safe-haven JPY and exerted heavy pressure on the cross. The weaker USD helped… Continue reading GBP/JPY Price Tumbles to 8-Week Lows Around 150.5 as Risk-off Prevails
GBP/USD Price Forecast: Sterling to Repaint $1.3358 Double Top
The GBP/USD price forecast remains bullish as the pair spikes to retest the double top resistance level at 1.3360 level. The day before, GBP/USD pair closed at $1.3340 after hitting a high of $1.3369 and a low of $1.3278. After dropping for six consecutive sessions, GBP/USD surged on Friday after falling to its lowest since December 2020.
EUR/GBP Gains Momentum to Retest 0.8480, Quick Trade Plan for Next Week
In this update, we will uncover the fundamental events and discuss a potential EUR/GBP trade plan for the week ahead. The EUR/GBP closed at..
GBP/JPY Price Analysis: Bears to Pounce 152.0 amid Covid, Brexit Woes
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Following the most precipitous decline since last Friday, the GBP/JPY remains pressured near a two-week low. Fishermen from France are preparing to block the Tunnel over license issues, and EU officials are in… Continue reading GBP/JPY Price Analysis: Bears to Pounce 152.0 amid Covid, Brexit Woes
GBP/USD Forecast: Gains to 1.3350 amid Brexit Optimism, Eyes BoE
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The GBP/USD pair breaks its four-day downtrend to bounce off a yearly low. Until talks collapse, Britain won’t trigger Article 16; EU’s Sefcovic will visit London on Friday for negotiations. According to UK… Continue reading GBP/USD Forecast: Gains to 1.3350 amid Brexit Optimism, Eyes BoE
GBP/USD Slips to $1.3370 ahead of US Prelim GDP figures
The GBP/USD extended its previous day’s losing streak to trade at $1.3468 ahead of the US Prelim GDP figures. During a light schedule in the UK, the GBP/USD struggled with Brexit news and mixed concerns.
GBP/USD Price Tumbles Below 1.34 amid Brexit Woes, Fed, Eyes PMIs
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. After a two-day downtrend, GBP/USD grinds lower around one week’s low. Frost emphasizes ongoing NI talks as a top priority, while France warns Britain about the fishing dispute. In light of US President… Continue reading GBP/USD Price Tumbles Below 1.34 amid Brexit Woes, Fed, Eyes PMIs
GBP/USD Price Forecast: GBP Rejected Below 61.8% Fibo, What’s Next?
The GBP/USD price forecast remains neutral to bearish as it got rejected below the 61.8% Fibonacci retracement point. Nonetheless, the GBP/USD pair is still under pressure at approximately 1.3418 at the time of publication.
EUR/GBP Slips to 0.8383, Manufacturing & Services PMI in Highlights
The coming week is likely crucial for EUR/GBP as the European and UK economy is scheduled to publish Manufacturing & Services PMI. The day before, EUR/GBP closed at $0.8389 after hitting a high of $0.8427 and a low of $0.8383.
