The GBP/USD currency pair continues to exhibit a bearish bias as long as the price remains below the key resistance level at exactly 1.2968. Technical indicators suggest continued downside pressure, with the RSI positioned below the neutral fifty...
The EUR/GBP pair has experienced a rebound, reversing the losses of the previous two trading sessions to hover around the 0.8380 level in early European transactions. This upward movement was largely influenced by the release of GDP data from the...
The Japanese yen maintained a defensive stance against the recovering US dollar during the early European trading session on Wednesday. This comes despite a lack of significant follow-through buying interest, largely attributed to market...
Market Analysis Overview In the daily chart analysis, the wave structure is showing an upward trend. The MACD indicator is also in the upper zone and growing above its signal line. Since the beginning of March, prices have surged upwards...
GBP/USD Here on the pound/US dollar pair, as I said, I will wait for the next week, most likely the bull and the bear will decide which of them is stronger and the price will continue to move. In general, if we talk specifically about this stage,...