The pair faced selling pressure from the intraday low of 0.6710 during Tuesday’s New York session. However, despite this dip, the price is anticipated to continue its upward movement as the US Dollar weakens following the release of the US Initial...
GBP/USD technical analysis I hope all of you are doing well. GBP/USD reached 1.3055 on Friday after finding a few buyers. The pair started the day with a down gap, but bullish rallies continued despite the decline. There is something peculiar and...
USD/CAD Trend Analysis Update Today, we'll discuss analyzing the USD/CAD currency pair's price movements. A false breakout occurred at 1.3796, signalling that a further decline is likely to follow. The price will likely break above 1.3799 and stay...
USD/ JPY Market Momentum Shift The price action analysis of the USD/ JPY currency pair is what we will be discussing today. The USD/JPY pair recently broke through the 149.35 resistance level on the hourly chart, signalling the continuation of the...
The British pound has seen limited movement for more than a week. In the North American session on Tuesday, GBP/USD is trading at 1.3086, up 0.13% on the day. Inflation in the UK is expected to fall to 1.9 percent The Bank of England has largely won...
