GBP/USD Price Action – February 9, 2025 The British Pound (GBP) to U.S. Dollar (USD) exchange rate has shown mixed movements in recent days, with slight bearish pressure. As of February 9, 2025, GBP/USD stands at 1.2403, down from 1.2435 on February...
EUR/JPY has been exhibiting a pronounced bearish bias, with the potential for a decline ranging from 103 to 151 pips. The most significant level in this scenario is 157.07, which serves as a pivotal resistance point. As long as the price remains...
EUR/GBP remains under considerable selling pressure, with the price action pointing toward a likely drop of 30 to 44 pips in the near term. The 0.8345 resistance level is proving to be a formidable barrier, acting as a psychological and technical...
EUR/NZD is currently in a well-defined downtrend, with a projected decline of 80 to 117 pips, provided that the resistance at 1.8310 remains intact. This level serves as a crucial pivot point, dictating the short-term direction of the pair. If the...
The GBP/USD pair is trading under bearish conditions, with expectations of a decline between 46 and 69 pips. The pivotal level at 1.2447 serves as a significant resistance point, and as long as the pair remains below this threshold, the downward...
