EUR/USD ANALYSIS 02 JULY 2024 As a result, EURUSD initially reacted to the rise, but I believe that it was a false surge and the price will continue to fall to close the gap formed at the opening of the market. This gap was formed against the...
GBP/USD: Technical Outlook The GBP/USD currency pair exhibited a significant bearish correction following the market opening on Monday. After initially moving upwards to the 1.2689 level, the price faced a decline, marking the beginning of a...
GBP/USD H4 chart Today, the pound sterling rallied against the dollar after the Bank of England raised interest rates at its December meeting, influenced by increased employment data. Bank of England Governor Bailey mentioned yesterday that he would...
The Euro (EUR) started the week strong against the US Dollar (USD), reaching a multi-week high above 1.0770 on Monday. However, this momentum didn't last long. Investor sentiment shifted after disappointing economic data from both the US and the...
The GBP/USD currency pair experienced a notable bearish correction following the market opening on Monday. Initially, the price moved upwards to the 1.2689 level but soon faced a decline, marking the beginning of a downward trend. This bearish...