GBP-USD PAIR ANALYSIS I opened a buy position at the level of 1.2380 after the price managed to break through the minor resistance at 1.2370. I placed my stop loss at 1.2350 to minimize risk, and the profit target at 1.2410. After opening the...
Gold maintains bullish momentum, tracking record highs Gold continues to show strong bullish momentum supported by larger trends influencing shorter time frames. The precious metal broke sharply above December's monthly high of $2,726 on Tuesday,...
GBP/USD Fundamental Analysis GBP/USD is facing some downside pressure today as market sentiment remains cautious ahead of key U.S. economic data. The UK’s latest PMI figures came in weaker than expected, signalling a slowdown in business activity,...
Have a great day everyone! The slope of the linear regression channel is up on the M15 chart. Which indicates the strength of the buyer trying to grow to the level of 1.04491. Upon reaching the target, the movement will slow down. Due to weakening,...
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