I believe the GBPUSD pair is currently showing signs of a potential decline despite the recent upward movement. I observe that the price has updated the top again on Wednesday, but the overall wave structure remains in an ascending order. I note...
The GBP/USD price chart illustrates a strong uptrend followed by a period of consolidation. Initially, the price exhibited bullish momentum, consistently testing the upper Bollinger Band while maintaining support above the midline. This suggests...
Market Analysis Upon examining the current market chart, it is evident that we are currently in a bearish trend. The prevailing price stands at $69.08, indicating a recent decline. At the end of January and the beginning of February, the price...
EUR-USD PAIR FORECAST I am definitely considering a move north as 1.0593 seems realistic in the current conditions. EUR/USD clearly has significant upside potential and there is a clear buying activity. However, I am convinced that the main trend...
27 February 2025 The Japanese Yen (JPY) remains on the back foot against its American counterpart, allowing the USD JPY pair to hold above the 149.00 mark through the early European session on Thursday. Bank of Japan (BoJ) Governor Kazuo Ueda's...
