General Points of GBPUSD: The recent U.S. elections have significantly strengthened the Dollar, leading to shifts in major currency pairs like GBPUSD. The GBPUSD market has now reached the 1.2747 level, which signals an impactful shift. This level...
The EUR/GBP currency pair, currently trading around 0.83221, is experiencing a bearish trend, indicating the euro's relative weakness compared to the British pound. Although the market has been moving at a slow pace, several factors suggest that...
The Cable made gains against its major peers on Wednesday, benefiting from a range of market factors, including heightened tensions in the Middle East and evolving expectations for the Bank of England's (BoE) monetary policy. As geopolitical...
The chart presents the XAU/USD (Gold against the U.S. Dollar) pair on the H1 (1-hour) timeframe, showing price movements, a moving average, and the RSI (Relative Strength Index) indicator. Below is a detailed technical analysis based on this data....
The USD/JPY currency pair, currently trading around 155.196, is experiencing a bearish trend. This downward movement suggests a waning strength in the U.S. dollar relative to the Japanese yen, which has been impacted by various economic factors....