GBP/USD Price Forecast We should have an in-depth discussion on the price action outlook of the GBP/USD currency pair. The GBP/USD H4 timeframe chart shows a strong bearish trend, with the price recently breaking below the key support level of...
GBP/USD Technical Analysis: Right now, GBP/USD is hovering around 1.2675, and it looks like it’s holding steady near the 50-day moving average. From what I’m seeing, there’s some resistance around 1.2700 and 1.2750, while support seems firm at...
•••Bitcoin Price Analysis: January 2, 2025••• •The cryptocurrency market is alive with activity as Bitcoin continues to dance around the $97,000 mark. Traders and investors alike are holding their breath to see whether this phase will spark a rally...
Currently, XAUUSD is experiencing a corrective upward impulse, but it is not yet clear if this movement has reached its full potential. The nearest significant resistance level for gold is at 2645. If the price successfully breaks above this level,...
The euro fell slightly during trading on Thursday as market activity picked up after the holidays. However, signs of a possible turnaround have begun to emerge. The overall outlook for the US dollar is mixed, but the underlying theme remains the...