After bottoming out just below the 1.2100 support, GBP/USD now regains some composure and attempt a modest rebound, although the British pound is expected to remain under pressure following the UK fiscal scenario and higher gilts From a technical...
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From my perspective, the GBP/USD pair on the H1 timeframe showcases a clear bearish trend that has developed over the past sessions. The consistent formation of lower highs and lower lows suggests a dominant selling pressure, with buyers unable to...
The GBP/USD pair on the H1 timeframe currently exhibits a strong bearish trend, characterized by a series of lower highs and lower lows. This consistent downward movement reflects sustained selling pressure, indicating that market sentiment favors...
From my perspective, analyzing the EUR/USD pair on the H1 timeframe suggests a market currently dominated by bearish sentiment, but signs of potential recovery are starting to emerge. The price has been in a clear downward trajectory, breaking key...
