The spot price continues to hold firm, building on the gains registered in the previous session. As of the latest update, the pair trades near the 0.8796 level during Monday’s Asian trading hours. Market participants remain cautious amid lingering...
The end, gold showed no particular activity either on Friday or today. At the moment, buyers have managed to grow a little, but the price is still in the consolidation area. To form an exit upwards, they first need to break through and consolidate...
GBP/USD Here’s my take on GBP/USD for today and the week ahead. Fundamental Analysis This week looks eventful for the GBP/USD pair, with key drivers on both sides of the Atlantic. On the UK front, all eyes are on the GDP growth rate for October....
Buyers failed to hold their positions taken after the non-farm data on Friday. By the end of trading, sellers were able to strengthen, creating a good platform for themselves to increase their advantage this week. And so far this scenario is being...
GBPUSD TECHNICAL ANALYSIS If we analyze over a 4 hour time frame, we can see that since the candlestick failed to enter the supply zone at the price of 1.2800, the GBPUSD pair has not continued to rise. On the contrary, its movement slowly and...