| Updated: November 9, 2023
The Japanese cross pair GBP/JPY is trading sharply bearish amid weaker GBP and stronger JPY. The safe-haven pair has already violated upward trendline support 139.490, and now the same level is working as a resistance. The GBP/JPY may gain support and bounce off soon. Check out a quick video analysis to learn more about a trade idea.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
UBS AG share price down, raises its CEO’s 2013 compensation by 21% as it turns back profitable The client-focused financial services company UBS AG announced that the compensation of its Chief Executive Officer Sergio Ermotti was increased by 21% to 10.73 million Swiss francs (12.3 million dollars) in 2013. Different compensation and […]
Forex Market: GBP/USD daily outlook During yesterday’s trading session GBP/USD traded within the range of 1.6619-1.6675 and closed at 1.6630.At 7:44 GMT today GBP/USD was gaining 0.07% for the day to trade at 1.6640. The pair touched a daily high at 1.6646 at 7:05 […]
Forex Market: USD/CAD daily trading forecast Yesterday’s trade saw USD/CAD within the range of 1.3287-1.3418. The pair closed at 1.3301, down 0.14% on a daily basis. It has been the first drop in the past six trading days. The daily high has been the highest level since June 30th 2004, […]
IBM’s manpower being cut for the first time in a decade in an attempt to meet profit goals The number of employees working for the information technology company International Business Machines Corp. has declined for the first time in ten years due to the fact that the company, which is currently known as the largest […]
Philips Electronics’ share price down, posts downbeat first-quarter profit amid declining sales and adverse currency effects The biggest lighting company in the world – Philips, which is formerly known as Koninklijke Philips Electronics NV – made an official statement, posting its results for the first quarter of the current financial year. The company revealed its […]
Forex Market: AUD/USD eases from three-week highs as metropolitan Melbourne is placed under lockdown, RBA keeps policy unchanged AUD/USD eased from highs not seen in over three weeks on Tuesday, after Victorian Premier Daniel Andrews announced a lockdown of metropolitan Melbourne to curb surging new coronavirus infections in the state, while the Reserve Bank of […]