GBP/USD has surged to its highest level in two months, trading above 1.2650 in the European session on Friday. This upward momentum is largely driven by the stronger-than-expected UK Retail Sales data for January, which showed a robust increase of...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. Market prices are currently rising and buying momentum is helping them rise. The market price broke the resistance level and the market price is currently forming a double...
Core Points about GBPUSD: The UK Retail Sales rate and the Flash Manufacturing Index are expected to support GBP/USD buyers today. Positive economic data from the UK strengthens investor confidence, leading to increased demand for the British pound....
I wish everyone a great mood! The linear regression channel indicator shows that the seller remains active and strong, as the channel slope points to the south. I am considering sales, starting from the upper channel border of 2944.51, where...
EUR/USD Price Analysis EUR/USD could lose ground amid a potential bearish reversal as the pair trading within a rising wedge pattern. The downward correction would be indicated if the 14-day RSI surpasses the 70 mark. The pair may test its primary...
