The GBP/NZD pair faces a critical juncture, oscillating between the potential for a rise of 92 to 137 pips and the risk of further declines. At the heart of this outlook lies the pivot point at 2.1717, a level that represents the tipping point for...
The GBP/NZD currency pair shows signs of potential upward momentum, with a possible rise of 92 to 137 pips. Using the pivot point at 2.1717 as a central reference, the preference is for a rebound toward 2.1920, a level reinforced by its resistance...
The USD/JPY pair currently exhibits a compelling technical setup, suggesting potential bullish momentum with an anticipated rise between 88 and 132 pips. The pivot point at 155.54 acts as a crucial threshold, and as long as this level serves as...
The British pound sterling (GBP) experienced a significant decline against major currencies on Friday, following the release of disappointing retail sales data from the Office for National Statistics. This data revealed a 0.3% contraction in retail...
The USD/JPY's upward trajectory is underscored by a combination of technical indicators and market sentiment, pointing towards an expected rise of 88 to 132 pips. A key driver of this movement is the pivot point at 155.54, which acts as a...