The GBP/USD currency pair is currently trading around the 1.31080 level and exhibiting a bearish trend. Despite the recent slow movement in the market, there's potential for a significant shift in the coming days. ### Current Market Overview At...
GBP/USD Price Outlook Our conversation pertains to analyzing the GBP/USD currency pair's pricing behavior. This afternoon, the British pound (GBP) against the US dollar (USD) broke past the resistance level of 1.3111, updating its previous low. The...
The Morning Star candlestick pattern is a key technical analysis tool used in forex trading to identify potential reversals in market trends. This pattern consists of three distinct candlesticks and is often employed by traders to predict the end of...
GBP-USD H1 TIME FRAME Currently, the GBPUSD pair is moving between the SBR 1.3090 area and support 1.3013. If the price is able to continue the upward rally as a correction phase, the price will test the SBR 1.3090 area so that it can go to the SMA...
Price Action Analysis : EUR/USD Let's discuss how the EUR/USD currency pair's price has been behaving and what analysis can be from it. For the EUR/USD pair, your target of around 1.1374 seems plausible, especially considering that such moves are...