Understanding Slippage in Forex Trading: A Guide for New Traders What is Slippage in Forex Trading? Slippage in Forex trading occurs when the price at which a trade is executed differs from the price a trader intended. It is a common phenomenon in...
Technical Analysis of GBP/USD The GBP/USD pair is currently trading at 1.26010, reflecting a cautious market sentiment as it hovers near key technical levels. The pair is positioned between the immediate support at 1.25938 and the resistance level...
The pair has found support due to a subdued US Dollar (USD) following weaker-than-expected US Producer Price Index (PPI) data. The latest PPI report revealed a 0.2% month-over-month increase, below the anticipated 0.3%, following a previous 0.4%...
Currency pair GBPUSD - consider the chart of the H4 period. This week began with some growth that died down. And the pound got stuck in place. The euro dollar gave a downward correction, and the pound could not yet. And at the beginning last week on...
