GBP/USD has exhibited persistent bearish momentum, with 1.2425 acting as a key resistance level that continues to suppress any upside breakout attempts. The failure of the pair to hold above this pivot suggests that sellers remain in control,...
Technical analysis of the EURUSD pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a sell zone as the price is now targeting to break the rising red channel, which represents the general trend during the...
GOLD The pair was trading in an ascending trend channel. The lower boundaries of this trend channel were broken, the pair returned back to the range. After that, it broke through the upper boundaries of the trend channel. Near the resistance of...
GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...
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