EURGBP D1 In the EUR/GBP pair yesterday, after a slight northward retracement, the price reversed and was pushed down by a strong bearish impulse, resulting in the formation of a full bearish candle, which once again closed near the local support...
NZD/USD/H1 In analyzing the current movement of the NZD/USD pair on the H1 chart, it's evident that a robust trend is underway, driving the currency pair towards the upper savings line. This upward trajectory encounters a formidable barrier at this...
The British Pound (GBP) fell on Friday after three days of gains, as the US Dollar (USD) got stronger. The GBP/USD rate dropped to around 1.2760 when the US Dollar Index (DXY) went above 105.00. This happened even though US economic data on Thursday...
A trading strategy in Forex is a systematic plan that traders use to determine when to buy or sell a currency pair. This plan is based on predefined rules and criteria designed to achieve profitable trading outcomes. Trading strategies can be simple...
Technical Reference: buy as long as it is above 1.27205 Resistance 1: 1.27745 Resistance 2: 1.27855 Support 1: 1.27205 Support 2: 1.27065 GBPUSD was able to rebound from the weekly low level to break out the bearish channel , the potential increase...