The EUR/GBP pair remains trapped in a strong downtrend, with price action persistently trading below the key resistance level of 0.8288. As long as this resistance remains intact, the bearish outlook is expected to dominate market behavior, with...
The USD/CHF pair demonstrated a partial recovery during early European trade on Friday, rebounding to approximately 0.8985. This recovery was primarily driven by a slight strengthening of the US dollar (USD). Market participants are now keenly...
The NZD/USD currency pair remains under strong bearish pressure, as price action consistently fails to break above the crucial pivot level of 0.5765, which currently acts as a significant resistance point. As long as the price remains below this...
Currency pair GBPUSD H-4 chart. The wave structure is currently built in an ascending order, the MACD indicator is in the upper purchase zone. The price is also at the horizontal support level of 1.2625. Last week, the price did not move much;...
We are examining the dynamic pricing behaviour of the GBP/ USD currency pair in real time. It is difficult to guess at the moment what the further actions of major players will be. So far we have only gone above the level of 1.2600. As I said a...
