The pound sterling rose against the US dollar (GBP/USD) in early European trading on Wednesday, supported by recent policy announcements from the UK aimed at stimulating long-term economic growth. Chancellor of the Exchequer John Healey announced a...
The EUR/GBP pair continued to fluctuate within a relatively narrow trading range, as traders struggled to find direction during the midweek session. Active buyers found it difficult to consolidate or extend the positive rally seen in the previous...
XAUUSD is at 4396.28 on the H1 chart as of Sept 10 02:00. After the big drop to 4344 on Sept 8, gold bounced hard and reclaimed the yellow and blue MAs, running all the way to 4420 yesterday. That rally ran out of steam right under the red 200MA at...
USDCHF M30 Current price: *0.80903* and the drawing shows a pullback into the grey supply zone followed by a drop. That setup fits the structure on this chart. *Technical Breakdown* *1. Trend Structure* The trend remains bearish. Price dropped...
GBPJPY H1 Technical Analysis: Bearish Pressure Builds Below Resistance The GBPJPY H1 chart shows a bearish-to-neutral market structure, with price currently trading around 207.835. After a strong decline from the 209.00 area, the pair has entered a...
