GBPUSD violate supports in this morning trades. Cable, GBPUSD rose mildly to 1.6326 having traded lower on Asian session. The ground caved in on cable, GBPUSD as market made u-turn as day unfolds. Is this a sign of what lies ahead? On Frankfurt open at 0600, the cable, GBPUSD rose mildly to 1.6326 from 1.6290 […]
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EURO pounds the pound sterling GBP today in a market that never really start for pound sterling. Euro Sterling, EURGBP achieved parity at some point this week before receding back slightly. How long the pullback holds remain to be seen. However, at a time when market players expected the pounds, GBP to track the euro after recent lows, we are seeing further slides and lower-lows. What
EURO pounds the Pound Sterling GBP Read More »
The GBPUSD traded sharply up this morning to retest 1.8860 from its low of Frankfurt open @ 1.8727. Meanwhile, the USD, dollar gains reprieve rumor swell of rate hike. The sharp rise in the sterling was never going to be sustain because of UK market weakness. Pricing wasn’t strong enough to hold. It headed southward
The Dollar Gains Reprieve Today – My Trades Clocked +245 pips Read More »
The GBPJPY currency cross in forex trading boasts unique characteristics that attract traders worldwide. Its notable volatility presents both opportunities and challenges. For beginners entering forex trading, understanding GBPJPY is crucial. One of its benefits include high profit potential, but the down-side is that it also encompass elevated risk levels. Navigating last week’s trends demanded
GBPJPY Trading Last Week: Navigating Trends and Challenges Read More »
