GBPUSD Technical Analysis Today Today, I've chosen GBP/USD for a technical analysis. The pair is in an upward momentum within a rising channel on the hourly chart. After testing the resistance zone around 1.2650, the price began to pull back,...
USD/CHF OUTLOOK ANALYSIS: On the USD/CHF H4 time frame. USD/CHF is trading around 0.8624, showing some interesting dynamics in recent price movements. From a technical standpoint, the pair has experienced a shift in momentum over the past few weeks....
TRADING CHART ON GBP/USD H4. The GBPUSD currency pair is trading between the pivot point (PP) at 1.3073 and the support (S1) at 1.3013. There is no strong movement towards the resistance (R1) at 1.3125 or below the support (S1) at 1.3013. Many...
The USD/CHF currency pair is currently showing a strong presence of sellers, indicating a potential for further decline. This is likely due to the concentration of sell orders around the 0.9429 level. The recommended trading strategy is to sell from...
GBP/ USD Trends and Reversals Our discussion focuses on the current state of the GBP/ USD currency pair's price behavior assessment. The instrument can't seem to develop either a northward march or a decline. We've been marking time in a narrow...