GBPUSD CURRENCY PAIR ANALYSIS Based on the chart shown, the GBP/USD currency pair shows a significant movement pattern. The current trend tends to be bearish, as seen from the consistent price decline since mid-November 2024. This decline is...
In the EUR/USD H4 time frame, the market exhibits a steady uptrend, with the price currently oscillating within a range defined by resistance at 1.0890 and support at 1.0960. The price recently returned after encountering resistance near the 50-day...
West Texas Intermediate (WTI) crude oil prices faced significant selling pressure on Monday, dropping to a nearly three-week low of around mid-$67.70s during the first half of the European trading session. This decline comes as market dynamics shift...
GBPAUD Market Analysis Wednesday, December 04, 2024 The outlook for the Pound Sterling currency suddenly experienced significant strengthening. Looking at the economic calendar, it seems that there has been no release of UK economic data but the...
The Cable is under significant pressure as the US Dollar continues to outperform in recent weeks. The US Dollar Index (DXY), which measures the strength of the greenback against six major currencies, has surged to near 106.40, marking a notable...
