GBP/USD – Technical Analysis

The Bank of England decided to hold bank rates at 0.10% but also discussed the effectiveness of negative rates which has seen the pound fall significantly in the last two hours. Looking on the 4-hour chart above, we can see there was a pullback into the 78.6 as well as the key level of 1.30000Continue reading “GBP/USD – Technical Analysis”

EUR/GBP – Euro British Pound Technical Outlook

Welcome to another blog by AspireFX, today we’ll be running over some technical analysis on EURGBP. Looking at the daily time frame we can see that price is ranging between an ascending trend line as well as a descending trend line. We’ve also seen a reversal off of the 78.6 bullish Fib level with aContinue reading “EUR/GBP – Euro British Pound Technical Outlook”

GBP/AUD – Strong Aussie Dollar On The Way!

Welcome back to another blog by AspireFX. We’ll be taking a look at how GBPAUD has been moving steadily to the downside as confidence returns to the Australian dollar. Looking at the weekly time frame we can see that the support levels mentioned in the previous GBPAUD article has been completely smashed. There was someContinue reading “GBP/AUD – Strong Aussie Dollar On The Way!”

GBP/JPY – Potential Negative Rates & Safe Haven Flows

Good day traders and welcome back to another article from AspireFX. Today we will be going over the current themes effecting GBPJPY as well as the technical analysis. Looking at the weekly timeframe, we see a bearish marubozu the prior week closing back below the psychological key level of 130.000. Upon the opening of theContinue reading “GBP/JPY – Potential Negative Rates & Safe Haven Flows”