The GBP/USD currency pair experienced modest declines and was trading around the 1.2730 level in the early Asian trading session on Tuesday. This movement is occurring as market participants await the release of the UK's labor market data, which is...
If we lose touch with the GBP/USD currency pair, the market is likely to be pushed downwards, presenting a great opportunity for sellers. Several factors contribute to this potential decline, indicating that the market could reach 1.2780 in the near...
USD/CAD: This week, the USD/CAD currency pair mostly moved sideways, with little significant movement. However, on Wednesday, important news about the US dollar caused the pair to drop to a support level of 1.36950. After hitting this level, the...
The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H4 timeframe chart at 168.720. Once this level is hit, the market's...
The British Pound (GBP) had a volatile ride against the US Dollar (USD) on Friday. Despite a positive GDP report from the UK, indicating a strengthening economy, the GBP/USD exchange rate failed to gain significant traction. This was due to the...