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USD/JPY Technical Analysis: The USD/JPY pair seems to be stuck in a consolidation phase for now. As of today, it’s hovering around 132.50, with immediate support around 131.80 and resistance at 133.00. If the price breaks above 133.00, I’ll be...
GBPUSD Technical Analysis GBPUSD is in a strong uptrend, trading at 1.27414 on the H1 timeframe. The price is above the 150-period moving average (MA), confirming bullish momentum. The MA is trending upwards, reinforcing buying strength. Price...
GBP/USD As of March 5, 2025, I'm seeing some interesting movements in GBP/USD, driven by both technical patterns and fundamental factors. Technical Analysis: GBP/USD has broken above the 200-day EMA, which is a strong bullish signal. If we get a...
United Kingdom construction count rates can be returned to GBP/USD buyers this week. A strong reading can strengthen investors' trust in the United Kingdom economy and support the pound compared to the dollar. However, the US has a wide range of...