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Tag: GBPUSD

GBPUSD Below Key Fibonacci as Ukraine Uses UK Missiles

GBPUSD Technical Analysis J.J. Edwards -
The British pound remained below the 23.6% Fibonacci retracement level at $1.27 against the Greenback. This decline occurred amid...

GBPUSD Bear Market Continues Despite High UK Inflation

GBPUSD Technical Analysis J.J. Edwards -
FxNews—The GBP/USD pair resumed its bearish trajectory after the prices neared the 50-period simple moving average, which is active...

GBPUSD Holds Steady Near Six-Month Low

GBPUSD Technical Analysis J.J. Edwards -
The British pound is stable at $1.263, near its lowest level since mid-May. This stability comes as the US...

GBPUSD Nears Key 1.261 Mark Amid Oversold Signals

GBPUSD Technical Analysis J.J. Edwards -
FxNews—The British pound trades in a robust bear market against the American dollar. As of this writing, the GBP/USD...

GBPUSD Dips Below $1.284 as UK Job Market Weakens

GBPUSD Technical Analysis J.J. Edwards -
FxNews—The GBP/USD currency pair continued declining, nearing the June 27 low at approximately $1.261—the lowest level in three months....

GBPUSD Drops as UK Unemployment Hits 4.3%

GBPUSD Technical Analysis J.J. Edwards -
The British pound recently fell to $1.273, marking its lowest point in three months. This drop is mainly due...

GBPUSD Eyes October Low as Downtrend Continues

GBPUSD Technical Analysis J.J. Edwards -
FxNews—As expected, the GBP/USD currency pair filled the bearish Fair Value Gap at approximately 1.30 on Thursday, November 7....

GBPUSD Climbs 0.3% on Rumors of Fed Rate Cuts

GBPUSD Technical Analysis J.J. Edwards -
The 10-year US Treasury yield stayed around 4.43% on Thursday, close to a recent high, as investors waited for...

GBPUSD Dropped From 1.304 Testing a Critical Resistance

GBPUSD Technical Analysis J.J. Edwards -
FxNews—The GBP/USD began its bearish trajectory after the price failed to stabilize above the 100-period simple moving average. As...

GBPUSD Bounces from 100-SMA as UK Inflation Nears 2.6%

GBPUSD Technical Analysis J.J. Edwards -
FxNews—The British Pound is strengthening and is close to reaching $1.3, bouncing back from its lowest point in two...

GBPUSD Downtrend Resumes as FTSE Falls to 8000

GBPUSD Technical Analysis J.J. Edwards -
FxNews—On Thursday, the FTSE 100 dropped by more than 0.5%, reaching approximately 8,000, marking its lowest point since early...

GBPUSD Poised to Break $1.30 as Airline Stocks Rise

GBPUSD Technical Analysis J.J. Edwards -
FxNews—In Monday afternoon's session, the FTSE 100 index rose by 0.5% to close at 8,286, partly recovering from last...

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The USD/CHF pair bounced from the %50 Fibonacci retracement...

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