GBP/USD H4 Analysis: Sterling Slips Into Support Zone as Bulls Fight to Hold 1.3488 Market Context and Immediate Tone GBP/USD is trading near 1.3488 on the 4-hour chart, and the pair has entered an important short-term support zone after losing...
Pair Review of GBP/USD You know, on the one hand, I understand that we're trading this instrument around local highs, and even within a triangle. Accordingly, planning any trades based on a breakout of the peak is also not really practical, but I...
XAUUSD Gold declines when Treasury yields rise due to increased oil prices. The argument for stable Fed rates was strengthened by robust durable goods orders. Powell's news conference and Fed policy recommendations are now anticipated by traders....
I personally like Price Action, but I think most people end up using a mix of a few things anyway. It's really about finding what works for your own style and not over complicating it....
Technical Analysis: GBP/USD H1 Chart Breakdown The attached H1 (1-hour) chart for GBP/USD shows a currency pair currently grappling with bearish momentum as it tests a critical support zone. After a period of relative volatility, the price action...
