EUR/GBP remains under considerable selling pressure, with the price action pointing toward a likely drop of 30 to 44 pips in the near term. The 0.8345 resistance level is proving to be a formidable barrier, acting as a psychological and technical...
The EUR/GBP currency pair is showing clear signs of sustained weakness, with the price action strongly suggesting a further decline of 30 to 44 pips in the near term. The inability of bulls to push the price above the 0.8345 resistance level...
AUD USD As of February 9, 2025, the Australian Dollar (AUD) has experienced significant fluctuations against the U.S. Dollar (USD). In January 2025, the average exchange rate was approximately 0.6226 USD per AUD. In early February, the rate has...
The Japanese Yen (JPY) continues to face downward pressure against the US Dollar (USD) during the early European session on Friday, influenced by cautious remarks from the International Monetary Fund (IMF). From a technical standpoint, the USD/JPY...
The EUR/GBP pair remains trapped within a well-defined bearish structure, with market sentiment heavily tilted in favor of the downside. The projected decline of 30 to 44 pips appears increasingly likely as the pair struggles to sustain any...