GBP/USD From my perspective, GBP/USD is hovering around 1.2650 and seems to be consolidating within the 1.2600-1.2700 range. On the daily chart, I’ve noticed that: The pair is staying above its 50-day moving average, around 1.2600, signalling some...
USDJPY TECHNICAL ANALYSIS For now, I'm still going to take a wait-and-see attitude, because if you look at the current price movement of USDJPY, it appears to be in a sideways trend, so it's not certain if the trend will continue upward or upwards....
Traders focusing on the price should exercise patience and wait for clearer market confirmation before making any significant moves. The pair's outlook remains cautious, as it struggles to reclaim the 1.2800 level, weighed down by the strength of...
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GBP/USD Technical Analysis Last Week’s Results: GBP/USD tested the low of 1.2615 earlier this week and then experienced a strong bullish recovery. However, on Friday, the pair broke a key trendline on the hourly chart, indicating underlying bearish...