Our discussion focuses on the real-time assessment of the GBP/USD currency pair’s pricing. Today, the GBP/USD pair fell below the local support level of 1.2798 and consolidated beneath it. Currently, bulls are attempting to breach this level from...
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Technical analysis of oil Daily chart On a daily chart for oil, the price began trading this month within a bearish pattern, as the price traded in a bearish direction during the previous two months, and this led to the formation of the bearish...
Yesterday's decline saw the price successfully close below the second support at 1.2743. This breach of a critical support level indicates a potential continuation of the downward trend. Therefore, my prediction for next Monday is that this currency...
In analyzing the current state of the EUR/USD pair on the H4 chart, it's evident that the currency pair is entrenched within a crucial support zone, delineated by the range of 0.6573 down to 0.6550. This support area finds its foundation in the...