GBP/USD Today, GBP/USD is moving cautiously, and I think this is because the market is waiting for some important economic updates. The UK’s unemployment rate figures are due, and I expect them to stay at 4.2%. If there’s any surprise in the data,...
Points Take Away about GBPUSD: The UK Flash Service and Manufacturing PMI make the GBPUSD buyers weak today. Hence, the price is trading around the support level of 1.2642. In the last week, the US PPI (Producer Price Index) and the Unemployment...
GBP/USD: Simple Trading Tips for Beginner Traders Dec 16. Analysis of forex trades Analysis of trades and trading tips for the British pound A test of the 1.2630 price level occurred when the MACD indicator moved well below the zero line, limiting...
The USDCHF pair is currently trading at 0.8917 after experiencing a significant upward move followed by a minor retracement. This price action suggests a recent bullish push, which stalled near the 0.8940 region. The short-term trend remains...
EUR / JPY: An Hourly Time Frame Recommendation The market sentiment of EURJPY hit the 161.35 level the last time, indicating that the bulls are on the recovery track. This level represents a key point where the price found support, signaling that...
