GBP/USD Price Action: Market Insight and Trading Opportunities (March 28,2025) Economic Outlook Influencing Factors The UK economy is still grappling with persistent inflation, which continues to remain above the Bank of England's target. As the...
Daily Pivot Point Support 3: 1.0606 Support 2: 1.0695 Support 1: 1.0746 Pivot Point: 1.0783 Resistance 1: 1.0835 Resistance 2: 1.0872 Resistance 3: 1.0960 The movement of the EUR USD currency pair is below the daily pivot point which is at a price...
The Australian dollar (AUD) remained entrenched in a sideways trading pattern for the fourth consecutive day on Friday, with the AUD/USD pair fluctuating around the 0.6300 level during the initial European trading hours. A prevailing sense of risk...
Technical analysis of EURGBP Today we will perform a technical analysis on EUR/GBP. EUR/GBP is the main currency pair in the foreign exchange market. The market is currently between our support and resistance levels. EUR/GBP remains bearish and is...
Technical Analysis of EUR/USD The EUR/USD pair continues to exhibit a bearish trend, currently trading at 1.0770 as selling pressure persists. The pair has struggled to regain upward momentum, facing consistent resistance near the 1.0800...
