Technical Analysis: GBP/USD The current market price of the currency pair, GBP/USD, is around 1.2799. a decisive breakout above the resistance level of 1.2650 indicates that market sentiment may shift toward bullish. The formation of a rising...
Analysis of Market Trends and Levels Key to Trading The market today is well indicative of the active interest of traders in buying; therefore, participants are trying to speculate on probable further gains. The further successful sharp movement...
Current Trends in the GBP/USD Currency Pair The GBP/USD currency pair trades below the critical level of 1.2695, where bearish momentum dominates. This level has become a significant barrier before bullish traders because bulls have made several...
Analysis of the USD/JPY Currency Pair: Current Trends and Key Levels This upbeat feeling is reflected in the powerful bullish position in the current USD/JPY currency pair. According to the RSI, the overbought position of the currency pair does,...