GBP/USD Market Outlook The GBPUSD pair price movement until now remains in a bearish trend. The increase in the UK inflation results (CPI) released yesterday did not seem to support the outlook for the Pound Sterling currency. The price was again...
H-1 Chart Technical Outlook GBP/USD During a rollback, the daily balance of 1.2660, the pair will continue to move towards resisting H1 1.2720. If they can break resisting H1, the growth will continue to resisting H4, they cannot break.. Through...
The AUD/USD currency pair experienced a brief recovery on Thursday, bouncing from recent lows. This rebound was primarily driven by a weaker US Dollar and supportive comments from Reserve Bank of Australia (RBA) officials. The US Dollar weakened...
The market's broader trend on the H1 timeframe shows a recovery from the lows near 0.6460. After an extended bearish phase, the pair has begun forming higher lows and higher highs, suggesting a shift in sentiment toward bullishness. However, the...
Yen dives back to July’s lows Tough times have hit the Japanese currency. According to Bloomberg, the yen has taken a significant hit against the US dollar. For the first time since July, the dollar/yen pair crossed the 155.00 mark. This is a...
