The GBP/JPY currency pair has been experiencing continued downward momentum, with the current price action indicating a potential decline ranging from 102 to 151 pips. The pair has been unable to break above the critical resistance level at 189.51,...
The GBP/JPY pair remains under significant selling pressure, with technical indicators pointing toward further declines within a projected range of 102 to 151 pips. The inability to break above resistance at 189.51 keeps the bearish bias intact, as...
Importance of Support and Resistance Levels in Trading Support and resistance levels are fundamental concepts in technical analysis that help traders predict potential price movements and market trends. They represent price points on a chart where...
The GBP/JPY currency pair remains trapped in a bearish cycle, with technical indicators pointing toward a decline between 102 and 151 pips in the upcoming sessions. The price has been unable to break above the 189.51 resistance level, reinforcing...
Summary United States: Housing Problems for Continuation In January, residential construction and existing house sales were mute, which illustrates the ongoing stress in the housing market with an increased mortgage. Despite the pressure on the...
