GBP/USD Technical Analysis Daily Timeframe (D1) Analysis On the D1 timeframe, GBP/USD is currently trading around 1.24050, showing price fluctuation near important support and resistance levels. The market structure suggests consolidation as buyers...
February 7, 2025 The Pound Sterling (GBP) registered gains versus the US Dollar (USD) on Friday following a softer-than-expected US Nonfarm Payrolls report. The GBP/USD seesawed within a 1.2418 – 1.2491 range and traded at 1.2451, up 0.15%. The...
The Euro’s bullish momentum faces challenges as market participants widely anticipate a series of rate cuts from the European Central Bank (ECB). Current projections indicate a 25-basis point (bps) reduction in each of the next four policy meetings,...
Crypto traders are closely monitoring how former President Donald Trump’s policies might impact the cryptocurrency industry after his recent pledge to make America the "crypto capital of the world." His administration has already nominated several...
AUD/USD Weekly Analysis Greetings and Good Morning guys! Yesterday, the AUD/USD market successfully crossed 0.6288 zon. Also, this week was better for the buyers in which they covered their up to 60 pips loss. Moreover, a higher unemployment rate...