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GBPUSD TECHNICAL ANALYSIS A week ago, the British pound started to rise again, but fell after reaching a local high. The price reached a clear resistance level before dropping to 1.2800, but then started to rise again this week. It lost part of its...
H-1 Chart Technical Outlook USD/CHF USD/CHF H1. The pair is trading above the daily opening level of 0.8820 and above the daily pivot level of 0.8826. Key indicators point north and the price is above the MA72 trend line, where volume unloading...
Buyers failed to develop their advantage on the Pound at the beginning of the new trading week, although the position was good for growth. Sellers actively pushed the price down, managing to recoup almost all of Friday's growth, no matter how they...
The Cable has resumed its downtrend after reaching a weekly high of 1.2733 on Monday. The initial surge was triggered by stronger-than-expected UK Retail Sales data, which painted a picture of a resilient economy. Despite this optimistic economic...
