Analysis of GBP/USD on the 1-Hour Time Frame Current Trend Overview Upon analyzing the 1-hour time frame chart for GBP/USD, it is evident that the price has been in a bearish trend since October 7. This shift began when the price crossed below the...
Putting aside the spike in US Treasury bond rates and the US dollar, the price of silver has increased for seven days after a positive US jobs report reassured Fed policymakers about the country's job situation. However, the inflation trend is...
Gold prices experienced a three-day decline as the year drew to a close, characterized by subdued trading activity. Despite this short-term weakness, gold is poised to conclude 2024 with a remarkable 27% surge, marking its most robust annual...
General Points about GBPUSD: We observed that the upcoming UK Construction PMI news this week did not benefit buyers as expected. The anticipation surrounding the UK data led to little reaction in the market, leaving buyers in a challenging...
Forecast of Crude Oil Crude Oil's daily time frame chart indicates that the price opened in a bullish gap last week, but that the range zone was initiated after that bullish gap. The price of Crude Oil fluctuated within that range over the first...
