Technically, the currency pair is facing resistance from a stronger pair, as it gives up gains from the previous session, trading around 162.30 during the Asian session on Wednesday. This decline is linked to Japan’s positive GDP report, which is...
On the H1 chart for GBPUSD, I observe two distinct wave channels forming: a yellow ascending channel and a green descending channel. Their intersection creates a blue triangle, within which the pair is currently trading. This range is defined by the...
EURGBP Daily Forecast The EUR/GBP currency pair is showing a fairly bullish trend on the intraday chart, as evidenced by recent price action. The market experienced a strong uptrend and reached a resistance level at 0.84094. The rally was supported...
# EUR/USD Technical Analysis and Trading Strategy The EUR/USD currency pair experienced a bearish correction on Friday, which I believe was a mere market fluctuation. This correction was anticipated to terminate at the lower retest of the ascending...
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