Market Analysis and Insights: The pair is trading around 1.3380 after a strong recovery phase that lifted the pair toward multi-month highs. The pair has recently traded in a relatively wide range as investors reassess monetary policy expectations...
Technical analysis of GBPNZD Choose GBP/NZD for technical analysis today. The GBP/NZD market price is in an uptrend and the current trend line supporting the price increase has been broken. The battle started from the downtrend when the market price...
Market Overview The GBP/USD pair, commonly known as Cable, has exhibited renewed bullish momentum on the hourly timeframe in early July. Following a period of consolidation and mild corrective moves in late June, the British Pound has strengthened...
Understanding the Distribution Phase in Smart Money Trading To understand the Distribution Phase in Smart Money trading, you have to first accept a core (and somewhat cynical) truth about the financial markets: The market does not move up because...
GBPJPY Technical Analysis – Bullish Momentum Remains Strong GBPJPY is currently trading at 215.459, and the overall market trend continues to favor the bulls. The pair remains in a well-defined uptrend, supported by strong buying momentum and...