GBP/USD Today, GBP/USD is trading around 1.2296, down slightly by 0.10%. On the 4-hour chart, I’ve noticed the pair is staying below the 50-day moving average, which signals bearish momentum is still in play. The RSI is sitting at 45.96, showing a...
The GBP/USD chart on the H1 timeframe clearly illustrates a prevailing downtrend, marked by consistent lower highs and lower lows, which indicates a dominant bearish market sentiment. Between late November and mid-December, the pair traded within a...
The price movement of gold displayed in this chart highlights clear trends and consolidation phases over the analyzed period. Starting in late November, the market experienced a strong bullish rally, pushing the price toward a peak near 2728. This...
Bitcoin posted modest gains early on Tuesday, briefly attacking $97,000 before retreating slightly. The move followed Monday's significant hammer candlestick formation, which is likely to attract the attention of technical traders. Bitcoin appears...
The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...