The GBP/USD currency pair has remained under selling pressure, with 1.2425 serving as a key resistance level that dictates the near-term direction. The inability of price action to surpass this level increases the probability of further declines...
EURUSD Daily Time Chart Analysis The EUR/USD pair started the day with a small break. The price fell to 1.0300, which is a sign of selling pressure. The pair soon found itself in a crowded place. The upper end of the range is at 1.0530, while the...
GBP/USD has exhibited persistent bearish momentum, with 1.2425 acting as a key resistance level that continues to suppress any upside breakout attempts. The failure of the pair to hold above this pivot suggests that sellers remain in control,...
GBP/USD has remained in a strong downward trend, with 1.2425 acting as a key resistance level that has prevented any sustained bullish momentum. As long as this level remains unbroken, the risk of further declines remains elevated, with 1.2360 and...
GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...
