Gold prices experienced a modest pullback on Friday, retreating to around $2,860 per ounce after the release of the US labor market report for January. Despite the slight decline, the precious metal remains close to its recent all-time highs,...
The EUR/GBP pair is experiencing a bearish trajectory, with potential downside movement estimated between 30 and 44 pips. The key resistance level remains at 0.8345, serving as a crucial pivot point. As long as the price remains below this level,...
The GBP/USD pair remains in a bearish trend, with downside expectations suggesting a potential decline of 46 to 69 pips. The key resistance level at 1.2447 plays a significant role in shaping market direction. As long as the price stays below this...
GBP/USD Price Action – February 9, 2025 The British Pound (GBP) to U.S. Dollar (USD) exchange rate has shown mixed movements in recent days, with slight bearish pressure. As of February 9, 2025, GBP/USD stands at 1.2403, down from 1.2435 on February...
The EUR/GBP pair remains trapped within a well-defined bearish structure, with market sentiment heavily tilted in favor of the downside. The projected decline of 30 to 44 pips appears increasingly likely as the pair struggles to sustain any...