The GBP/USD currency pair, which reflects the value of the British Pound against the US Dollar, is currently trading at 1.2649. This exchange rate is crucial for forex traders, economists, and businesses involved in international trade between the...
GBP/JPY Price Analysis: Overbought Levels Despite the BoE's announcement yesterday, GBP/JPY jumped to resistance at 201.43, setting a new bullish record level before settling around 200.80 at the time of writing. Ahead of the release of UK...
Analysis of the USD/CHF Pair: The USD/CHF pair is trading close to the day's opening level of 0.8935 and above the daily Pivot level of 0.8957, where a decrease in volume typically occurs. On the H1 chart, if the price remains above the 0.8928...
Hello all, Gold traded within a narrow range on Wednesday, reaching a peak of $2,335 and dipping to $2,324. Initially breaching the potential decline threshold, the price swiftly retreated back into consolidation. It briefly crossed above the 20-day...
Recovering from Losses: Strategies After a Deposit hit Recovering from losses is a crucial aspect of trading, especially after a significant deposit hit. Traders must employ effective strategies to bounce back and minimize damage. Here are some...