The GBP/NZD currency pair is at a critical juncture with the pivot point at 2.1707. Traders are expecting a drop towards this level, followed by a possible bounce if support is found at 2.1707. The RSI is currently above the neutrality level at 50,...
The technical analysis of the NZD/JPY currency pair reveals that the market is likely to experience a decline in value, with potential movement of 53 to 79 pips. The pivot point is set at 88.21, which acts as a critical level for determining the...
The GBP/JPY currency pair appears to be in a consolidating phase, with the price fluctuating around the pivot point at 190.64. This level serves as a critical point for determining the direction of the market, and it’s likely that the price will...
EURUSD Current Market Overview (EUR/USD at 1.1165) The EUR/USD pair is in a consolidation phase, trading at around 1.1165, as traders await critical economic data from both the U.S. and Europe. While the pair has been relatively stable, the upcoming...
The British pound shows limited movement on Wednesday. In the European session, GBP/USD is currently trading at 1.2224, up 0.11%. Inflation in the UK is softer than expected The UK's annual rate of inflation eased slightly to 2.5% in December 2024...
