GBP/USD backslid below the 1.2700 handle on Monday, kicking off the new trading week by snapping a three-day winning streak and keeping Cable on the low side of the 200-day Exponential Moving Average Despite the decline seen at the beginning of the...
The Cable has been showing signs of stability after bouncing off a two-month low. During the Asian session on Monday, the pair attracted follow-through buying, rising from the 1.2620 region to trade around 1.2653, reflecting a modest 0.11% gain for...
EUR/USD has recently faced significant downward pressure, largely driven by diverging economic fundamentals between the U.S. and the Eurozone. The U.S. dollar has continued its strength, benefiting from solid economic data, including resilient...
The AUD/USD exchange rate is poised for significant movement, driven by key economic developments in both the United States and China. A primary factor influencing this pair will be the inflation data coming from the US. Should inflation remain...
Technical Analysis GBP/USD H-4 Chart H4 timeframe chart. Well, here you can see that after the price stabilized above the horizontal resistance level of 1.2613, it can work upwards. I expected a return to this level from above and I would have to...
