GBP/USD/H4 GBP/USD is again facing limited selling pressure after new data suggested a possible calm in the labor market, which has given investors relief that the Bank of England will begin cutting interest rates later this year and could start...
The Australian dollar faces potential downside pressure despite a positive labor market report. The RBA's hawkish stance and rising US interest rates are fueling demand for the US dollar. Although weak US data emerged, the US dollar remains strong....
The NZD/USD currency pair has been locked in a tense battle between buyers and sellers. After falling to 0.6115, the pair bounced back and is currently hovering around its 20-day moving average at 0.6140. Neither side has been able to decisively...
The Canadian dollar ended the week with a mixed performance. It clawed back some ground against most major currencies but showed only a minimal gain against the US dollar. This mirrored the overall cautious mood in the markets on Friday. Earlier...
Today, we will conduct an in-depth analysis of the price movements of the GBP/USD currency pair. Observations from yesterday's daily candle on Friday indicate that the price reached the lower limit of the three-line Bollinger Bands indicator. This...