Sterling is down 0.5% on the day after failing to rise above the 161.90 Fib. resistance The pair broke the short-term uptrend line and is now testing the 160.90 support…

The British government creates positive business. At the end of last week, GBP / USD continued to attack new highs, as the British government made no major mistakes. Ad Photo…

The British government creates positive business. At the end of last week, GBP / USD continued to attack new highs, as the British government did not make any serious mistakes.…

GBP/JPY erases some of its gains and ends the week up more than 3 percent. GBP / JPY Traders largely ignored UK political turmoil. The cross currency is range bound…

Pound tumbles across the board on Friday. EUR/GBP is having best day since March 2020. After a brief pullback, EUR/GBP resumed the upside and hit levels above 0.8900 for the…

In the near term and according to the performance on the hourly chart, it seems that the GBP/USD currency pair is trading within the formation of a weak ascending channel. …

And back the other way we go now as the push and pull continues this week. The dollar is slightly softer on the day as equities are finding a bit…

The GBP/USD continues to lose ground in early trading today and the depths of the forex pair are bringing into view long term perspectives. The GBP/USD is traversing near the 1.17500 level…

Sterling received support near recent levels against the euro and dollar after new data from the Office for National Statistics showed UK wages were faster than expected in June, with…

Get our trading strategies with our monthly & weekly forecast of currency pairs worth watching using support & resistance for the week of August 8, 2022. This week I will begin…