GBPUSD Technical Analysis GBPUSD is currently trading around 1.26045 on the hourly timeframe. The pair has been in a strong downtrend, as indicated by the price movement below the 150-period moving average. The market structure shows a series of...
Analysis chart GBP /USD Pathfinder-fxView messageAt the same time, yesterday there was a reduction in the OI on the pound futures.The USD pair pierced the 1.27 figure yesterday and finally went on a rollback. The pound is in its...
Market Fundamentals: France’s HCOB Services PMI rebounded to 49.3, surpassing both the previous reading of 48.2 and market expectations. Similarly, Germany’s HCOB Services PMI climbed to 51.6, exceeding forecasts and the prior figure of 51.4,...
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Market Fundamentals: Navigating the current economic landscape requires a keen understanding of both fundamental indicators and technical analyses, particularly when assessing the trajectory of gold prices. Recent statements from Federal Reserve...