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TRADING CHART ON GBP USD H1. The GBP/USD pair has shown a predominantly bearish trend on the H1 chart, as evidenced by the price's consistent trading below the 200-period moving average. This moving average acts as a dynamic resistance, reinforcing...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis, the market price is rising and the market is starting to rise between the main resistance at 1.2610 and the main support at 1.2512. The market price is approaching...
The prices have shown a positive bias for the third consecutive day, trading around the mid-$70.50 mark during the EU session on Thursday. This uptick comes as the commodity nears a one-week high, driven by optimism over potential improvements in...
The outlook for the pair remains closely tied to broader economic conditions, with key developments from both the U.S. Federal Reserve and the Bank of Canada playing crucial roles. The Federal Reserve’s recent decision to ease monetary policy has...
