Technical analysis of the GBPUSD pair The technical analysis of the pair on the 1-hour chart shows the beginning of an upward wave that may reach the weekly resistance level of 1.2570. The price started trading this week with a downward price gap...
GBP/JPY Trading Analysis Update Wednesday, February 5, 2025 The Japanese Yen currency outlook strengthened again after the release of Average Cash Earnings y/y data which jumped 4.8% from the previous data of 3.9%. In fact, the results of the data...
The GBP/JPY currency pair staged a recovery on Tuesday, rebounding to around the 193.00 level during the European session after earlier losses. This rebound was fueled by improved investor sentiment following the US decision to postpone planned...
Gold prices have surged to record highs, driven by a confluence of factors, primarily escalating trade tensions and the resulting flight to safe-haven assets. The imposition of tariffs by the US on Canada, Mexico, and China has injected significant...
#NZD/USD If we look only at the technical data, then after yesterday's fall to determine the support level of 0.5508, we could expect a short-term sideways movement, but it was not there, as the prices after rebounding from the support rose,...
