The Marubozu Candlestick Pattern is a strong single-candle formation used in technical analysis to signal powerful buying or selling pressure in the market. The term “Marubozu” comes from Japanese, meaning “bald” or “shaven head,” which accurately...
Daily Time Frame (D1): Recovery Attempt After Recent Decline On the D1 chart, GBP/USD is currently trading around the 1.3522 level, showing signs of stabilization after the recent downward pressure seen earlier in the month. The pair has managed to...
The chart shared displays the GBP/USD currency pair on the FXCM platform, capturing price action from approximately 14:00 to 16:45. The current quote is 1.35316, up +0.00398 (+0.30%) at the 00:28 timestamp, indicating a modest bullish movement. The...
Daily Time Frame (D1) – Reclaiming Higher Ground On the Daily chart, AUDUSD is trading at 0.7070, reflecting a steady recovery after the recent pause in momentum. Price has managed to hold above the 0.70 psychological region and is now attempting to...
GBP/USD H4 Timeframe Analysis 24 February 2026 The provided H4 chart for GBPUSD illustrates a classic transition from a strong bullish impulse to a developing bearish trend, currently entering a phase of consolidation. In late January, the pair...
