The Pound Sterling (GBP) is currently trading in a state of flux, influenced by both domestic and international factors. The impending UK election and the potential for a change in government are casting a shadow of uncertainty over the currency....
Fundamental phase of GBP/USD Yesterday, the pound fell 0.69% to 1.2691 against the US dollar, continuing the decline since mid-July, and has fallen 2.6% from its high point for the whole year. Last week, the Bank of England announced a 25bp interest...
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D1 timeframe analysis: In the D1 timeframe, AUD/JPY prices appear to be producing a rising wedge pattern, and the price is currently moving at the support line at the level of 88.40. My analysis says that before the price breaks down, the price will...
USD/JPY Price Direction I am presently dissecting the dynamic pricing behavior of the USD/JPY currency pair. Analyzing the USD/JPY currency pair on a 30-minute chart using the Bollinger Bands indicator, I am focusing on the level of 144.460 and...