GBP-USD PAIR REVIEW There was no significant movement in the gbpusd market this Friday night even though there was a release of US NFP data. The mixed data results made the gbpusd market not trend. The price position is still in the MA 20 area with...
If we observe based on the picture I attached, the GBP/USD pair is forming a bullish pattern on the H4 time frame, so it can be said that the direction of GBP/USD movement in the future will move upwards even though currently it is still leaning...
The pair remains in focus as investors weigh the policy divergence between the Bank of Canada (BoC) and the Federal Reserve (Fed). Expectations that the BoC will pursue a more aggressive rate-cutting cycle than the Fed could help limit the downside...
GBP/USD Technical Analysis Daily Timeframe (D1) Analysis On the D1 timeframe, GBP/USD is currently trading around 1.24050, showing price fluctuation near important support and resistance levels. The market structure suggests consolidation as buyers...
February 7, 2025 The Pound Sterling (GBP) registered gains versus the US Dollar (USD) on Friday following a softer-than-expected US Nonfarm Payrolls report. The GBP/USD seesawed within a 1.2418 – 1.2491 range and traded at 1.2451, up 0.15%. The...
