Technical Analysis of Foreign Exchange GBP/USD Recently, the British pound rose against the US dollar GBP/USD to its highest level in two years after Powell called for a cut in US interest rates. The gains of the British pound GBP/USD extended to...
The US Dollar steadies on Monday after a steep 1.76% sell-off last week, the worst in more than a year. Fed Chairman Jerome Powell committed to a September interest-rate cut in its Jackson Hole speech. The US Dollar index trades above 100.00 with...
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USD/ JPY Price Outlines Our current focus is evaluating the price action of the USD/ JPY currency pair. The Japanese yen continues its strengthening trend against the US dollar, with a clear downtrend forming on the USD/JPY weekly chart. According...
Price Action Analysis: GBP/USD Our topic of discussion is the analysis of the GBP/USD currency pair's price movements. The market dynamics have shifted significantly, with the pound-dollar currency pair trending upward. That is mainly due to the...