The Cable's Crossroads: My Take on GBP/USD's Next Major Move. Fundamental Analysis: As I look at the GBP/USD exchange rate trading around 1.3481 on May 26, 2026, I see shifting geopolitical sentiment and macroeconomic data driving the action. The...
GBP/USD: I hope everyone is having a great day. On the 4-hour chart, the British pound continued moving higher and tested the upper boundary of the Murray regression channel at the 5/8 level around 1.3489. This area previously acted as a significant...
XAUUSD 1H Technical Analysis: Bearish Pullback Setup at Broken Support XAUUSD is trading at 4,541.640 on the 1H chart after a sharp selloff from 4,576. Price broke below the 4,560-4,564 support zone with strong bearish momentum, and the projection...
For EUR/USD, I believe the safer approach would have been to wait for the market to trade and consolidate above the resistance trendline before opening any long positions. That confirmation would have provided stronger evidence that buyers were...
Technical analysis for GBP/NZD currently highlights the price zone between the Fibonacci levels 100 at 2.29668 and 150 at 2.30426. The pair is currently trading around 2.29742, and this positioning suggests that buyers still maintain control of the...