GBP/USD Trading Analysis Greetings and Good Morning to Everyone! Today, the UK Claimant Count Changes and Average Earnings Index will bring changes and volatility in the market of GBP/USD. These economic indicators are pivotal, as they provide...
The USD/CHF currency pair ended the trading week at a price value of 0.8970, and the franc jumped so high in the north direction due to the news background, which came out in a positive green color for the dollar. This concerns the change in the...
WHAT IS PRICE ACTION IN FOREX Price action in Forex refers to the movement of a currency pair's price, which is the basis for trading decisions in the price action trading strategy ¹ ² ³ ⁴. It involves analyzing market price movements, recognizing...
GBP/USD technical outlook: The trading session commenced in a support area, where the price was propped up by the channel lines. The price has now advanced to the first resistance area, encountering opposition from both the weekly pivot level and...
On the H4 time frame, the GBP/USD pair created a bullish candle after hitting the 1.2685 support level but has since resumed its downward movement. This suggests that the price is currently in a bearish trend. Over the past week, the price has been...