The GBP/USD pair is exhibiting a clear bearish trend, with the potential to decline 46 to 69 pips as downside pressure remains the dominant force in the market. The 1.2447 resistance level is proving to be a strong barrier, preventing any meaningful...
USD/JPY Here’s my analysis of the USD/JPY for this weekend and next week: Technical Analysis: I've been keeping an eye on the USD/JPY, and it’s recently been trading near key resistance around 135.00. This level seems to be holding strong, and if...
GBP/USD Weekly Outlook Current Status Last week, the GBP/USD currency pair experienced a modest increase, peaking at 1.2549. However, this upward momentum quickly faded, leading to a neutral trading bias as we enter the new week. Potential for...
The GBP/USD currency pair is currently under bearish pressure, with technical indicators signaling a potential decline in the range of 46 to 69 pips in the upcoming sessions. The key pivot point stands at 1.2447, which acts as a significant...
NZDUSD Daily Analysis The NZDUSD currency pair is currently in a downtrend and is trading below its 200-day moving average. This represents a bullish decline. The 50-day moving average is also falling, confirming the direction of the trend. The main...