The GBP/USD pair opened the new trading week with a relatively quiet session, trading near the previous week's close around 1.2750. The upcoming release of key US Consumer Price Index (CPI) inflation data is expected to significantly impact market...
GBP/USD Technical Analysis: Right now, GBP/USD is hovering around 1.2600, and I’m seeing mixed signals on the charts. On the 4-hour timeframe, it’s stuck near the 50-day EMA, which suggests indecision in the market. Key resistance is at 1.2650—if...
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The EUR/USD pair experienced a slight pullback on Monday, retreating towards the 1.0600 level after encountering resistance at a key level the previous week. As the market gears up for significant economic events, including the European Central...