EUR/GBP remains in a strong technical position, maintaining an upward bias as long as the crucial support level at 0.8317 holds. This level serves as a foundational base for buyers, preventing a downward breakdown and allowing bullish momentum to...
The US Dollar remains under significant selling pressure, driving EUR/USD to two-week highs near the 1.0500 level. This upward momentum follows weaker-than-expected US Retail Sales data, which has further dampened sentiment toward the Greenback. The...
The EUR/GBP currency pair continues to exhibit a strong bullish bias, with the potential to rise by approximately 28-42 pips, provided that the key support level at 0.8317 holds. This particular level serves as an essential pivot point, defining the...
I believe that the AUDUSD pair is poised for an upward movement after a minor correction, and I will explain my reasoning in detail. First, I observe that the external configuration supports a bullish trend, as the overall market structure is...
The positive growth rate of the UK GDP has played a pivotal part in strengthening the Great British Pound( GBP), buttressing investor confidence in the currency. A robust GDP frequently reflects profitable stability and growth, adding demand for the...