Sterling

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 ...

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 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 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 ...

GBP/USD and EUR/GBP: British Pound Remains Supported

GBP/USD gained traction and climbed above the 1.2500 and 1.2550 resistance levels. EUR/GBP declined below 0.8980 and it seems like it could continue to correct lower. Important Takeaways for GBP/USD and EUR/GBP The British Pound is trading with a positive bias above the 1.2520 support area. ...

GBP/USD and USD/CAD Showing Signs of Weakness

GBP/USD started a major decline after it failed to surpass the 1.2750 resistance area. USD/CAD is also trading in a bearish zone and it could struggled to climb above 1.3120. Important Takeaways for GBP/USD and USD/CAD The British Pound remained in a bearish zone after it settled below the ...

GBP/USD and EUR/GBP: British Pound Could Gain Traction

GBP/USD settled above the key 1.2650 and 1.2660 support levels, with a positive bias. EUR/GBP started a major downside correction and broke a major support near 0.8960. Important Takeaways for GBP/USD and EUR/GBP The British Pound is trading nicely above the key 1.2660 support area. There is a ...

GBP/USD and USD/CAD: US Dollar Could Slide Further

GBP/USD started a fresh increase and traded above the 1.2700 resistance area. Conversely, USD/CAD declined heavily and broke the 1.3200 support area to enter a bearish zone. Important Takeaways for GBP/USD and USD/CAD The British Pound started a solid upward move once it broke the 1.2600 ...

GBP/USD remained in a bearish zone and recently declined below the 1.2700 support. EUR/GBP is placed in an uptrend above 0.8880 and it could continue to move higher. Important Takeaways for GBP/USD and EUR/GBP The British Pound declined below the 1.2720 and 1.2700 support levels. There is a ...

GBP/USD gained pace this past week and recovered above the 1.2700 resistance. USD/CAD declined steadily below 1.3300, signaling short term US Dollar weakness. Important Takeaways for GBP/USD and USD/CAD The British Pound started a decent recovery and recovered above 1.2700 and 1.2720. There is ...