Fundamental Technical Analysis: GBP/USD (H1 Timeframe) Current Spot Price: 1.3408 Market Bias: Moderately Bullish / Consolidation Fundamental Analysis: The foreign exchange market presents a nuanced landscape for the currency pair as price action...
Comprehensive Technical Analysis of the GBP/USD Pair (1-Hour Timeframe - H1) Introduction and Overview of Current Technical Data The GBP/USD chart on the one-hour (H1) timeframe shows a gradual ascent and positive buying momentum over recent...
USD/CAD is trading near 1.3965, and the most revealing thing about this pair right now is what it *isn't* doing. The Fed met yesterday, held rates, and the dollar dropped, a sequence that should have sent USD/CAD sharply lower. Instead, the pair is...
Using the EUR/CHF H1 chart, the current market condition still shows a bearish tendency or decline. This can be seen from the price action still being below the red and blue moving averages. Both MA lines are also pointing down, indicating that...
The Euro (EUR) records a major gain against the British Pound (GBP) on Monday, driven by a turnaround in oil pricesoil prices and better-than-expected Eurozone manufacturing PMI readings. The EUR/GBP currency pair is up nearly 0.3% on the daily...
