### Technical Analysis of GBP/USD The GBP/USD currency pair has shown some interesting movements in recent trading sessions. Last week, Sterling made modest gains, reaching a new local high of 1.3050 after surpassing the 1.2994 level. However, this...
GBPUSD ANALYSIS JULY 27, 2024 Good morning, Although on Wednesday the GbpUsd pair tried to move towards the bullish side and formed the highest weekly zone, it seems that it has not succeeded in rising higher because the price is still bouncing...
EUR/USD Market Analysis: The current market price of EUR/USD is 1.0876, reflecting a slight decline of -0.05% from the previous close. This small change indicates a relatively stable market, but the upcoming economic events might introduce some...
Monitoring the H4 timeframe for the USDCHF currency pair reveals a notable resistance level above the current price. This resistance area could pose a significant barrier to upward movement. Given the prevailing bearish trend, my strategy is to...
What is the relationship between margin and leverage? Leverage” and “margin” refer to the same concept, just from a slightly different angle. When a trader opens a position, they are required to put up a fraction of that position’s value “in good...