AUD/ USD Market Movements We were presently dissecting the dynamic pricing behaviour of the AUD/ USD currency pair. Last week, trading involved multiple pairs. On the weekly chart, I noted that the movement initially trended upward. As we look ahead...
GBP/USD Price Forecast: Technical outlook GBP/USD declines 0.26% to 1.3076, after peaking at 1.3134, influenced by dovish BoE remarks and rising US Treasury yields. Bearish RSI indicates seller dominance; key supports are at the 50-DMA of 1.3077,...
The spot price has halted its five-day decline, trading around 0.6750 during US hours on Monday. According to the latest chart analysis, the pair is showing signs of recovery as it moves upward within an ascending channel pattern, indicating a...
The GBP/USD pair is currently indicating a near-term positive trend, with the 14-period Relative Strength Index (RSI) showing strong upward momentum. The RSI is oscillating in the bullish region between 60.00 and 80.00, suggesting that the market is...
Good evening! Unlike the euro, the British pound is showing resilience and has not rushed into a decline. In fact, it is exhibiting signs of potential growth, though it's still premature to speak definitively of an uptrend. On the H4 chart, the...