The currency pair is struggling to maintain any upward momentum after its modest recovery from the previous day. During the Asian trading session on Wednesday, the pair encountered fresh selling pressure, with spot prices hovering around the 1.2710...
The GBP/USD currency pair is currently trading around 1.27394, showing a bearish trend. This decline reflects broader concerns in the market, which have led to increased caution among traders. The bearish movement could be attributed to several...
Forecast of GBPUSD The GBPUSD price tested to the oversold level on many technical indicators, indicating that it was oversold on the H1 and H4 time frame charts. The GBPUSD conducted range activities in a tight range zone for the price adjustment,...
The precious metal prices have experienced a slight pullback for the fourth consecutive day, dipping to a five-week low of around $2,590 during the early part of the European session on Wednesday. Despite this recent dip, the outlook for metal...
The movement originating from 1.3710 remains in effect, as the support level at 1.3605 has yet to be breached. This makes it premature to predict long-term movements once a breakthrough occurs at this support level. For traders, this means focusing...