PAIR REVIEW GBPUSD Hello! On GBP/USD H1. The pair is trading above the daily opening level of 1.2360 and above the daily Pivot level of 1.2383. The major indicators are neutral and the price is near the MA72 trend line, where volume unloading...
Core Points about GBPCHF: Keep in mind that this week, there are some news events for GBPCHF that could significantly impact the market. These include the UK GDP report and the Swiss CHF rate decision. Both factors can create volatility, leading to...
A Hammer candlestick has a small body near the top of the candle, a long lower wick (at least twice the body length), and little to no upper wick. It forms during a downtrend and signals potential bullish reversal, as the long wick indicates...
Understanding Position Trading Position trading is a long-term trading strategy where traders buy and hold securities—such as stocks, currencies, or commodities—for extended periods, ranging from weeks to years. This approach is grounded in...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2385, showing signs of consolidation after a recent decline from its resistance zone near 1.2500. The market is in a corrective phase, and price action suggests a potential move in...
