I began my analysis by revisiting my earlier trading forecast for EUR/USD, which anticipated a bullish push toward 1.0950 followed by a corrective decline. I observed that the price initially traded within an ascending channel and a northern wedge...
The GBP/AUD currency pair continues to show bullish momentum, maintaining its position above the crucial support level at 2.0403, which remains a key area for traders. As long as the price stays above this pivotal support zone, the likelihood of...
Doji Candlestick Chart Pattern A Doji candlestick is a key pattern in technical analysis that represents market indecision. It occurs when the opening and closing prices of an asset are nearly the same, forming a small or non-existent body with...
GBP/USD Breaks Above $1.30: What’s Driving the Surge(March 19,2025)? The UK’s Economic Push A major factor behind GBP’s rise is the ongoing inflationary pressures within the UK. Despite high inflation rates, the Bank of England (BoE) has stayed...
GBP/USD In Market Spotlight This Week The Pound Sterling was seen consolidating (sideways) against the US Dollar and Euro at the beginning of this week. GBP/USD climbed to almost touch the 1.3000 threshold, but then declined to 1.2975 when the news...
