The Australian dollar (AUD) experienced a slight decline against the US dollar (USD) due to renewed concerns regarding trade tensions between the US and China. Despite positive domestic economic data, the AUD/USD pair struggled to maintain its...
THE CURRENCY PAIR GBP-USD Overnight, or more precisely during the Asian session, the currency pair does not show much activity, and what is most depressing is that we do not see attempts at local correction. In fact, at the moment we have unloading...
Currency pair GBPUSD - H4 chart. This new week, and the trading month, began with a sharp drop downwards, with a rather impressive price gap, which, however, has already been covered. The price on Friday stood right at the horizontal support level...
GBPUSD GBPUSD outlook: The GBP/USD pair is facing a tug-of-war between the relative strength of the U.S. Dollar and the potential support the British Pound could receive from the Bank of England's cautious stance. The U.S. Dollar continues to hold...
The EUR/USD pair fluctuates close to the weekly peak set earlier this Wednesday, and we cannot build on this week's strong rebound from the 1.0200 area or the lowest level since January 13. Due to conflicting fundamental signals, spot prices are...