The Pound Sterling (GBP) has seen a significant retreat against the US Dollar (USD), dropping to near the 1.2800 level during the North American session on Monday. This marks the lowest point for the GBP/USD pair in the past month, as the Greenback...
The British Pound (GBP) extended its recent losses against the US Dollar (USD) at the start of the week, plunging over 100 pips to touch a low of 1.2763 after failing to sustain the 1.2900 handle. The sharp decline reflects mounting recession fears...
The NZD/USD pair continued its downward slide on Monday, approaching the 0.5550 level, signaling that broader market sentiment remains firmly bearish. Trading within the 0.5551 to 0.5798 range, the pair is under sustained pressure, driven by a...
The inverted head and shoulders pattern is one of the most well-known reversal patterns in technical analysis, and it is considered one of the key tools used by traders to identify trend reversal points. In the case of the GBP/JPY pair, this...
The AUD/USD pair remains entrenched in a bearish trajectory, struggling to maintain upward momentum despite brief rebounds. After a volatile session that saw spot briefly breach the psychological 0.6100 level, sellers quickly regained control,...
