British Pound

GBP/USD and EUR/GBP: British Pound Back In Action

GBP/USD started a solid upward move from the 1.2150 support area and climbed above 1.2500. EUR/GBP is currently declining and it might continue to struggle below 0.8900. Important Takeaways for GBP/USD and EUR/GBP The British Pound climbed higher sharply above the 1.2400 and 1.2440 resistance ...

EUR/JPY and GBP/JPY Monthly Outlook

The Euro and British Pound declined heavily in the past few months against the Japanese Yen. Both EUR/JPY and GBP/JPY are correcting higher, but upsides are likely to remain capped. Important Takeaways for EUR/JPY and GBP/JPY The Euro settled below the main 120.00 support area against the ...

GBP/USD Is Struggling, USD/CAD Facing Key Resistance

GBP/USD started a major decline from well above 1.2260 and broke the 1.2200 support. USD/CAD is moving higher, but it is facing a strong resistance near 1.3330. Important Takeaways for GBP/USD and USD/CAD The British Pound is declining and it broke the key 1.2200 and 1.2180 support levels. ...

GBP/USD and EUR/GBP: British Pound Rebounding Nicely

GBP/USD started a strong recovery from the 1.2080 support and climbed above 1.2250. EUR/GBP is currently following a bearish path and is trading below the 0.9120 resistance. Important Takeaways for GBP/USD and EUR/GBP The British Pound managed to bounce back above the 1.2100 and 1.2200 ...

GBP/USD and USD/CAD Holding Important Supports

GBP/USD started a decent upside correction from the 1.2020 swing low and climbed above 1.2100. USD/CAD is currently correcting gains, but it is still above the key 1.3250 support area. Important Takeaways for GBP/USD and USD/CAD The British Pound recovered recently above the 1.2080 and 1.2100 ...

GBP/USD and EUR/GBP: British Pound Extending Losses

GBP/USD remained in a significant downtrend and declined below the 1.2100 support. EUR/GBP is trading with a bullish bias with a strong support near 0.9250. Important Takeaways for GBP/USD and EUR/GBP The British Pound declined heavily below the 1.2200 and 1.2100 support levels. There is a ...

GBP/USD Could Recover, USD/CAD Remains Supported

GBP/USD declined heavily this past week below the 1.2250 support area. USD/CAD is climbing higher and remains well supported above the 1.3200 level. Important Takeaways for GBP/USD and USD/CAD The British Pound fell significantly after it broke the 1.2250 and 1.2200 support levels. Recently, ...

GBP/USD and EUR/GBP: British Pound Turned Bearish

GBP/USD declined heavily below the key 1.2480 and 1.2425 support levels. EUR/GBP is currently climbing higher and it could even climb above the 0.9000 resistance area. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a major decline after it failed to stay above the 1.2460 ...

EUR/JPY and GBP/JPY Signaling More Upsides

The Euro and British Pound traded higher this week against the Japanese Yen. Both EUR/JPY and GBP/JPY are correcting lower, but dips remain well supported. Important Takeaways for EUR/JPY and GBP/JPY The Euro spiked higher recently after it tagging the 120.00 support area against the Japanese ...

GBP/USD and USD/CAD Showing Positive Signs

GBP/USD traded higher and recently broke the 1.2500 resistance level. USD/CAD is consolidating in a broad range and it seems like it could rise in the coming sessions. Important Takeaways for GBP/USD and USD/CAD The British Pound tested the 1.2385 level and later started a fresh upward move. ...