The GBP/USD currency pair has remained under selling pressure, with 1.2425 serving as a key resistance level that dictates the near-term direction. The inability of price action to surpass this level increases the probability of further declines...
GOLD The pair was trading in an ascending trend channel. The lower boundaries of this trend channel were broken, the pair returned back to the range. After that, it broke through the upper boundaries of the trend channel. Near the resistance of...
GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...
USD/JPY has displayed remarkable resilience at the 151.80 pivot level, reinforcing the case for a bullish continuation toward 152.85 and 153.50. The market has found stability at this key support zone, allowing buyers to regain control after a brief...
GBP/USD is currently positioned in a bearish structure, with 1.2425 acting as a critical resistance level, limiting any potential upside moves. As long as this level is not breached, the risk of a downward continuation remains elevated, with an...
