On the GBP/JPY chart, the rate on the 4-hour timeframe is presently under the month-to-month pivot factor at 184.58 level. The charge being under the month-to-month pivot factor suggests that bearish stress is dominating the market. This scenario...
Trading journal Tuesday, January 28, 2025 EURGBP Assalamu'alaikum and good afternoon, every day I always pray that all members and moderators of the Investsocial forum are in good health and still receive abundant blessings. Hopefully we will become...
On the euro's daily chart, yesterday's price movement leaned bearish, with the candlestick forming within a narrow triangle. Given this setup, I have maintained a neutral stance on the pair while closely monitoring technical indicator data for...
GBPUSD Daily Time Chart Analysis The GBP/USD currency pair is currently locked in a tight range around the critical 1.2500 level, a psychologically significant price point for traders. Repeated attempts by the pair to break through this level,...
The GBP/USD pair on the hourly chart shows a recent upward trend after a prolonged period of decline. The price has been moving steadily higher, following a series of higher highs and higher lows. However, after reaching the 1.2445 level, the...
