In the world of forex trading, economic indicators play a crucial role in influencing currency prices. One of the most important among these indicators is the Gross Domestic Product (GDP) report. GDP reflects the economic health of a country and...
GBP/USD GBP/USD is hanging around 1.2350 this morning after slipping a bit in early London trading. I’m seeing the pair still under pressure, mostly because the U.S. dollar continues to stay strong, while the pound seems to be lacking any real...
**GBP/USD * Trend Structure Analysis (Daily Chart)** The daily chart of the GBP/USD currency pair is showing a structurally complex but technically significant pattern that reflects the clash between bullish and bearish forces. The most notable...
GBP/JPY has recently slipped below the 9-period Simple Moving Average (SMA) currently positioned at 188.494, suggesting a shift in short-term sentiment to the downside. The overall price action shows a failure to maintain bullish momentum after...
Examining USDCHF with Fibonacci numbers. I prefer to utilize the Fibonacci grid tool in a unique manner. I extend it from the highest point of the previous day's candle, marking the 100% level at 0. 82006, and set the low to the 0% level at 0....
