EUR/GBP Price Forecast – Why 0.8375 Could Drive a Downtrend?
The EUR/GBP price forecast remains bearish, as it’s trading at the 0.8360 level, heading lower towards an immediate support level of 0.8335.
Category: Forex
GBP/JPY Outlook: Russia-Ukraine Peace Talks to Activate Bulls Above 153
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Investors’ risk appetite contributed to the increase in the GBP/JPY. By the end of 2022, the UK will gradually reduce its reliance on Russian oil. The UK region will release GDP, industrial production,… Continue reading GBP/JPY Outlook: Russia-Ukraine Peace Talks to Activate Bulls Above 153
GBP/USD Outlook: Recovery Above 1.31 Lacking Strength, Eying US CPI
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A three-day downtrend remains suspended for GBP/USD, near multi-month lows. Britain opposes US support for a ban on oil imports from Russia, deteriorating market sentiment. The Bank of England said bureaucratic hurdles prevented… Continue reading GBP/USD Outlook: Recovery Above 1.31 Lacking Strength, Eying US CPI
EUR/GBP Slips to 0.8235 – Can Fibonacci Retracement Drive Reversal?
The EUR/GBP currency pair is trading at 0.8241 and consolidating in the range between 0.8202 and 0.8267. Despite the so-called peace negotiations, the risk-off sentiment persisted during Monday’s European session.
GBP/USD Price Forecast: Descending Triangle to Drive Sell Under $1.3290
The GBP/USD price forecast remains bearish under $1.3190 level. The direct currency pair closed at $1.3227 after setting a high of $1.3356 and a low of $1.3201.
GBP/JPY Price Firm Above 155 as Yields Ease, Risk Sentiment Improves
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. GBP/JPY is consolidating its highest daily gain since September 2021. Under Powell’s leadership, yields failed to sustain growth amid a sluggish session and concerns about the Kyiv-Moscow peace talks. Brexit supporters hail the… Continue reading GBP/JPY Price Firm Above 155 as Yields Ease, Risk Sentiment Improves
GBP/USD Price Analysis: Neutral at 1.34, Eying US/UK PMI, Ukraine
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 has weakened last week’s rally from 10-week lows by breaking a two-day winning streak. In the UK, public expectations for inflation lead to calls for the Bank of England to raise… Continue reading GBP/USD Price Analysis: Neutral at 1.34, Eying US/UK PMI, Ukraine
GBP/USD Price Forecast: Why 1.3280 is Crucial for Bulls?
The GBP/USD is trading with a slight bullish bias at 1.3375, having closed at $1.3414 after hitting a high of $1.3441 and a low of $1.3365. The GBP/USD broke its 3-day bearish streak on Friday. It turned green for the session amid the declining price of the US dollar and the prevailing risk sentiment in the market.
EUR/GBP Violates Symmetrical Triangle – What Could Drive Uptrend?
The EUR/GBP is trading at 0.8403 level, having violated the symmetrical triangle pattern that was extending resistance at 0.8380 level.
GBP/USD Forecast: Plunges Below 1.3500 amid Risk-off Sentiment
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. In response to safe-haven demand for the US dollar, the GBP/USD fell to near a four-week low. The Russian invasion of Ukraine has unnerved investors and triggered a sell-off of stocks. The weaker… Continue reading GBP/USD Forecast: Plunges Below 1.3500 amid Risk-off Sentiment
