GBP/USD Forecast for February 10, 2025 Friday’s release of mixed U.S. employment data has resulted in the British Pound closing below the MACD indicator line. The market opened on Monday below this line, indicating a bearish sentiment among traders....
GBP/JPY Market Outlook Greetings and Good Morning to everyone! The market of GBP/JPY is in an oversold area, indicating that selling pressure has been excessive and a potential reversal may be on the horizon. Recently, the pair had crossed up to 200...
The GBP/USD H4 chart presented shows a strong downtrend over an extended period, with the price making lower highs and lower lows. The red moving average (likely a 50-period or 20-period MA) is acting as dynamic resistance, keeping the price below...
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AUD/USD Analysis: Current Market Situation and Potential Breakouts Introduction The AUD/USD pair is currently exhibiting a consolidation phase, with no clear movement in the smaller time frames. However, an analysis of the H4 time frame reveals a...
