The GBP/USD pair has surged to levels near 1.3400 during European trading on Monday, marking a fresh seven-month high. This significant rally is underpinned by pronounced US Dollar weakness, driven largely by political overhang and macroeconomic...
The Euro (EUR) has surged by approximately 1.25% against the US Dollar (USD), marking one of the most significant performances among G10 currencies—second only to the Swiss Franc (CHF). This upward move reflects a broader shift in global sentiment,...
Technical analysis of EURGBP Today I will show you EUR/GBP technical analysis. The market is currently in a downtrend. Now the market is between our resistance level at 0.8615 and the support level at 0.8560. If the market breaks below our support...
The currency pair appears to be forming a bearish Broadening Formation pattern; however, recent technical developments suggest that bulls may still have the upper hand in the near term. The pair broke above the 20-day Simple Moving Average (SMA) and...
The Japanese Yen (JPY) maintains a firm bullish tone against a broadly weakening US Dollar (USD), with the USD/JPY pair hovering near multi-month lows as the European session begins. The current price action reflects a clear shift in market...
